Two-room apartment with terrace in Gretska mahala, Varna

This apartment is priced about 40,500 € above the typical price (the median) for 2-room apartments in Grycka Mahala (43 properties) — 3,816 €/m² against 3,300 €/m².

2-room apartment in Varna city, Gretska mahala district, located on the third floor of a three-storey brick building. The total area is 78 sq m with an adjacent basement storage and an attic room that can be connected to the apartment.

The layout includes a corridor, living area with kitchenette, separate bedroom, storage room and bathroom with toilet. There is a terrace accessible from all rooms, providing additional space and light.

The building is brick from 1960, insulated and well maintained, equipped with access control. The apartment is renovated, with new PVC windows and flooring of natural parquet and laminate.

The location is in the central part of Varna, close to the pedestrian zone of Knyaz Boris I Blvd, with convenient access to shops, schools and parks. Parking is possible in the building's inner courtyard.

The property is suitable for personal use or rental, combining the advantages of a central location with a functional layout.

With 20% down over 20 years the monthly mortgage payment is about 1,321 €, against an expected local rent of 668 €. The rent covers 51% of it.

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