Sale

Spacious 3-room apartment in Gretska Mahala, Varna

VarnaGrycka Mahala
Published: 27 December 2025 Updated: 10 September 2026
Sale239,008 €2,192 €/m²
Expected rent981 € /mo

~116,500 € BELOW MARKET

good value

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

Area
109 m²
Floor
9 / 9
Construction
Brick
Year
2028

Yield analysis

Fair investment rating

4.9% / yr
Monthly payment1,060 €20% down payment · 20 yrs · 3%
Expected rent981 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 79 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 116,500 € below the typical price (the median) for 3-room apartments in Grycka Mahala (52 properties) — 2,192 €/m² against 3,261 €/m².

Three-room apartment in a new building with a construction permit in Gretska Mahala, Varna. It is located on the top, 9th floor out of 9 with an elevator.

The layout includes an entrance hall, living area of 25 sq m, two bedrooms of about 13 and 12 sq m, two bathrooms with toilets, a storage room, and two loggias.

The building is brick, construction is planned to be completed in 2028, and the apartment will be delivered according to BDS standards. Elevator and access control are available.

The location is close to the center of Varna, with convenient access to public transport, shops, restaurants, and the Sea Garden.

The property is suitable for people looking for a home with a functional layout in an urban environment with amenities and infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 1,060 €, against an expected local rent of 981 €. The rent covers 93% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • two bathrooms
  • central location
Cons
  • 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 33% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 280 days.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2028.

  4. 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

  • entrance hall
  • living area 25 sq m
  • bedroom 13.43 sq m
  • bedroom 12.09 sq m
  • storage room
  • loggia
  • loggia

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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