Sale

3-room apartment in Gretska mahala with terrace in Varna

VarnaGrycka Mahala
Published: 3 September 2026 Updated: 3 September 2026
Sale258,000 €3,225 €/m²
Expected rent981 € /mo

AT MARKET LEVEL

fairly priced

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

Area
80 m²
Floor
4 / 5
Construction
Brick

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment1,145 €20% down payment · 20 yrs · 3%
Expected rent981 €at market conditions for the neighbourhood

The rent covers 86% of the payment — you top up about 164 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 at the typical price (the median) for 3-room apartments in Grycka Mahala (52 properties) — 3,225 €/m² against 3,261 €/m².

3-room apartment in Varna city, Gretska mahala district. It is located on the fourth floor of a five-storey building.

The property includes a living room with kitchenette, two bedrooms, corridor, bathroom with toilet, and terrace, providing a functional layout for family use.

The building is brick, and the apartment is renovated, with access control and a basement storage room.

The location is close to the Sea Garden, the city centre, and various amenities, making the property convenient for permanent residence or rental.

A suitable choice for buyers seeking a property with a good location and ready-to-use condition.

With 20% down over 20 years the monthly mortgage payment is about 1,145 €, against an expected local rent of 981 €. The rent covers 86% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • renovated
  • close to centre
  • access control
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

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

  1. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

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

Amenities

  • Access Control
  • Renovated

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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