Sale

2-room apartment in Gretska mahala, Varna, with elevator

VarnaGrycka Mahala
Published: 7 January 2026 Updated: 23 September 2026
Sale169,500 €3,390 €/m²
Expected rent668 € /mo

AT MARKET LEVEL

fairly priced

against the median for 2-room apartments in Grycka Mahala (43 properties)

Area
50 m²
Floor
1 / 5
Construction
Brick
Year
2026

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment752 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood

The rent covers 89% of the payment — you top up about 84 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▲ 0.3% · 500 €
  1. 169,000 €5 March 2026Initial price
  2. 169,500 €▲ 500 € (0.3%) 4 May 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Grycka Mahala (43 properties) — 3,390 €/m² against 3,300 €/m².

2-room apartment in Varna city, Gretska mahala district, located on the first floor of a five-storey building.

The layout includes a functional living area and bedroom, suitable for everyday use and comfort.

The building is new-build from 2026, constructed with brick materials and equipped with an elevator, providing convenience and modern standards.

The location is close to the Sea Garden and the central city area, offering easy access to urban amenities and transport.

The property is suitable for living or investment considering the location and modern features.

With 20% down over 20 years the monthly mortgage payment is about 752 €, against an expected local rent of 668 €. The rent covers 89% of it.

The asking price has risen by 500 € (0.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Grycka Mahala

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • elevator
  • central location
Cons
  • ground floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 268 days.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • bedroom
  • studio

Amenities

  • Elevator

Details

Category
Residential
Rooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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