Sale+17% above market

Three-room apartment with two terraces in Gretska mahala, Varna

VarnaGrycka Mahala
Published: 5 June 2026 Updated: 9 September 2026
Sale299,000 €3,517 €/m²
Expected rent883 € /mo
Area
85 m²
Floor
2 / 4
Construction
Brick
Year
1998

Yield analysis

Low investment rating

3.5% / yr
Monthly payment1,327 €20% down payment · 20 yrs · 3%
Expected rent883 €at market conditions for the neighbourhood

The rent covers 67% of the payment — you top up about 444 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 17% above the typical price (the median) for comparable properties — 3,322 €/m² against 2,846 €/m².

Three-room apartment with an area of 85 sq m, located in Varna, Gretska mahala. The property is on the second floor of four in a brick building from 1998 with controlled access.

The layout includes an entrance hall, kitchen with dining area, spacious master bedroom, children's room, bathroom with toilet and two terraces, one of which has a view of the Roman Baths. The property also includes an adjacent basement.

The apartment has undergone a refresh renovation and is offered furnished, ready to move in or rent out. It can be converted into a two-room with a spacious living area.

The location is communicative and quiet, close to the Sea Garden and central boulevards, providing convenient access to urban infrastructure. Parking is in the blue zone.

The property is suitable for living or investment with rental income potential, combining functionality and a good location.

With 20% down over 20 years the monthly mortgage payment is about 1,327 €, against an expected local rent of 883 €. The rent covers 67% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 119 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • brick construction
  • central location
Cons
  • parking in blue zone

Questions for the viewing

Only on imotesa

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

  1. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

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

Layout

  • entrance hall
  • kitchen
  • bedroom
  • bedroom
  • bathroom

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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