Sale

2-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 30 January 2026 Updated: 3 July 2026
Sale166,325 €2,482 €/m²
Expected rent668 € /mo

~55,000 € BELOW MARKET

good value

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

Area
67 m²
Construction
Brick

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment738 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood

The rent covers 91% of the payment — you top up about 70 €/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

2 changes since listing▲ 72.4% · 69,856 €
  1. 96,469 €30 January 2026Initial price
  2. 133,060 €▲ 36,591 € (37.9%) 4 March 2026Price increased
  3. 166,325 €▲ 33,265 € (25%) 3 July 2026Price increasedCurrent

Property analysis

This apartment is priced about 55,000 € below the typical price (the median) for 2-room apartments in Grycka Mahala (43 properties) — 2,482 €/m² against 3,300 €/m².

With 20% down over 20 years the monthly mortgage payment is about 738 €, against an expected local rent of 668 €. The rent covers 91% of it.

The asking price has risen by 69,856 € (72.4%) since it was first listed.

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

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 72% higher than when it was first advertised.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 25% below the average for comparable properties.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 245 days.

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

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

Similar properties nearby