Sale

Three-room apartment with three terraces in Grand Mall, Varna

VarnaGrand Mol
Published: 1 August 2026 Updated: 8 September 2026
Sale94,900 €1,054 €/m²
Expected rent550 € /mo

~119,500 € BELOW MARKET

far below market

against the median for 3-room apartments in Grand Mol (57 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
90 m²
Floor
3 / 3
Construction
Brick

Yield analysis

Good investment rating

7% / yr
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent550 €at market conditions for the neighbourhood

The rent covers 131% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 119,500 € below the typical price (the median) for 3-room apartments in Grand Mol (57 properties) — 1,054 €/m² against 2,381 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Three-room apartment in Varna, Grand Mall district. It is located on the third floor of a brick building.

The layout includes a corridor, living room with kitchenette, two bedrooms and three terraces, as well as a bathroom with toilet and storage room. The apartment is bright and warm with a southeast aspect.

The building has controlled access and parking behind the block, the common areas are maintained. The property needs renovation and furnishing according to the new owners' preference.

The location is convenient, close to Grand Mall, the city centre, public transport stops and various services.

Suitable for living or investment with good functionality and accessibility in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 550 €. The rent covers the whole payment (131%).

Source: Market statistics for 3-room apartments in Grand Mol

Pros and cons

AI summary
Pros
  • southeast aspect
  • three terraces
  • controlled access
  • parking
Cons
  • needs renovation
  • top floor

Questions for the viewing

Only on imotesa

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

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

    Because: The price per m² is about 56% below the average for comparable properties.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Layout

  • corridor
  • living room
  • kitchenette
  • bedroom
  • bedroom
  • terrace
  • terrace
  • terrace
  • bathroom
  • toilet
  • storage room
  • basement

Amenities

  • With Parking
  • Internet Connection
  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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