Sale

3-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 2 June 2025 Updated: 7 February 2026
Sale255,000 €2,684 €/m²
Expected rent981 € /mo

~55,000 € BELOW MARKET

good value

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

Area
95 m²
Construction
Brick
Year
2020

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment1,131 €20% down payment · 20 yrs · 3%
Expected rent981 €at market conditions for the neighbourhood

The rent covers 87% of the payment — you top up about 150 €/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 about 55,000 € below the typical price (the median) for 3-room apartments in Grycka Mahala (52 properties) — 2,684 €/m² against 3,261 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 981 €. The rent covers 87% of it.

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. 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.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 487 days.

  3. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Location

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