Sale

3-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 4 July 2026 Updated: 4 July 2026
Sale366,100 €3,589 €/m²
Expected rent981 € /mo

~33,500 € ABOVE MARKET

above market

against the median for 3-room apartments in Grycka Mahala (52 properties)

Area
102 m²
Floor
4 / 6
Construction
Brick

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,624 €20% down payment · 20 yrs · 3%
Expected rent981 €at market conditions for the neighbourhood

The rent covers 60% of the payment — you top up about 643 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 33,500 € above the typical price (the median) for 3-room apartments in Grycka Mahala (52 properties) — 3,589 €/m² against 3,261 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,624 €, against an expected local rent of 981 €. The rent covers 60% of it.

Source: Market statistics for 3-room apartments in Grycka Mahala

Amenities

  • Elevator
  • Access Control

Details

Category
Residential
Rooms
3

Approximate location

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

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