median 3,125 €/m² for comparable properties
Rent covers ~ 28% of the payment
~ 783 €/mo rent · you top up ~ 1,968 €/mo
~105,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Grycka Mahala (43 properties)
Low investment rating
The rent covers 46% of the payment — you top up about 796 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 41 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 105,500 € above the typical price (the median) for 2-room apartments in Grycka Mahala (43 properties) — 4,852 €/m² against 3,300 €/m².
The apartment is located in Gretska mahala, Varna, on the fourth floor of a six-storey building. It features two rooms and two terraces, providing additional space and ventilation options. The property was built with brick materials in 2012 and includes an elevator and access control. The building has energy class A, ensuring lower heating and cooling costs. The location is central, close to main city amenities and transport connections. The property is suitable for those seeking convenience in an urban environment with a good balance of functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 668 €. The rent covers 46% of it.
Source: Market statistics for 2-room apartments in Grycka Mahala
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 3,125 €/m² for comparable properties
Rent covers ~ 28% of the payment
~ 783 €/mo rent · you top up ~ 1,968 €/mo
median 3,125 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 783 €/mo rent · you top up ~ 637 €/mo
median 3,261 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 981 €/mo rent · pays for itself in ~ 18 yrs
median 3,125 €/m² for comparable properties
Rent covers ~ 19% of the payment
~ 783 €/mo rent · you top up ~ 3,432 €/mo
median 3,300 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 668 €/mo rent · you top up ~ 796 €/mo
median 2,520 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 1,155 €/mo rent · you top up ~ 1,063 €/mo
median 3,300 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 668 €/mo rent · you top up ~ 796 €/mo
median 3,300 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 668 €/mo rent · you top up ~ 653 €/mo