Sale

3-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 5 December 2025 Updated: 3 July 2026
Sale293,328 €2,691 €/m²
Expected rent981 € /mo

~62,000 € BELOW MARKET

good value

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

Area
109 m²
Construction
Brick

Yield analysis

Fair investment rating

4% / yr
Monthly payment1,301 €20% down payment · 20 yrs · 3%
Expected rent981 €at market conditions for the neighbourhood

The rent covers 75% of the payment — you top up about 320 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▲ 22.7% · 54,320 €
  1. 239,008 €5 December 2025Initial price
  2. 249,872 €▲ 10,864 € (4.5%) 4 March 2026Price increased
  3. 293,328 €▲ 43,456 € (17.4%) 3 July 2026Price increasedCurrent

Property analysis

This apartment is priced about 62,000 € below the typical price (the median) for 3-room apartments in Grycka Mahala (52 properties) — 2,691 €/m² against 3,261 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,301 €, against an expected local rent of 981 €. The rent covers 75% of it.

The asking price has risen by 54,320 € (22.7%) since it was first listed.

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

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 23% higher than when it was first advertised.

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

    Because: The price per m² is about 18% below the average for comparable properties.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 302 days.

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

Amenities

  • Elevator
  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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