At market level
median 3,125 €/m² for comparable properties
620,000 € 2,995 €/m²
No yield data
Appears once there's enough market data
Sale179,000 €2,237 €/m²
Expected rent668 € /mo
~85,000 € BELOW MARKET
good value
against the median for 2-room apartments in Grycka Mahala (43 properties)
Area
80 m²
Floor
1 / 5
Construction
Brick
Year
2026
Yield analysis
Fair investment rating
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 84% of the payment — you top up about 126 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 85,000 € below the typical price (the median) for 2-room apartments in Grycka Mahala (43 properties) — 2,237 €/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 property has a total area of 80 sq m and includes a living area, bedroom, corridor, bathroom with toilet, and terrace.
With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 668 €. The rent covers 84% of it.
Source: Market statistics for 2-room apartments in Grycka Mahala
Pros and cons
AI summaryPros
- functional layout
- new brick building
- elevator
- terrace
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 32% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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
- living area 30 sq m
- bedroom 11 sq m
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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