Sale

3-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 20 January 2026 Updated: 8 September 2026
Sale300,000 €5,000 €/m²
Expected rent980 € /mo

~104,500 € ABOVE MARKET

overpriced

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

Area
60 m²
Floor
0 / 1
Construction
Brick
Year
2022

Yield analysis

Low investment rating

3.9% / yr
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent980 €at market conditions for the neighbourhood

The rent covers 74% of the payment — you top up about 351 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 4.8% · 15,000 €
  1. 315,000 €12 June 2026Initial price
  2. 300,000 €▼ 15,000 € (4.8%) 23 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 104,500 € above the typical price (the median) for 3-room apartments in Grycka Mahala (52 properties) — 5,000 €/m² against 3,261 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 980 €. The rent covers 74% of it.

The asking price has fallen by 15,000 € (4.8%) 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 feedback have previous viewers given?

    Because: We have been tracking this listing for about 254 days.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

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

Amenities

  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
3
Furnishing
Yes

Approximate location

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

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