At market level
median 3,125 €/m² for comparable properties
620,000 € 2,995 €/m²
Rent covers ~ 28% of the payment
~ 783 €/mo rent · you top up ~ 1,968 €/mo
Sale360,000 €3,000 €/m²
Expected rent783 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Grycka Mahala (26 properties)
Area
120 m²
Floor
1 / 3
Construction
Brick
Year
2016
Yield analysis
Low investment rating
Monthly payment1,597 €20% down payment · 20 yrs · 3%
Expected rent783 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 814 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 4-room apartments in Grycka Mahala (26 properties) — 3,000 €/m² against 3,125 €/m².
4-room apartment in Varna, Gretska mahala district, located on the first floor of a brick building from 2016. The property also includes an attic space and a cellar, with a total area of 120 sq m.
With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 783 €. The rent covers 49% of it.
Source: Market statistics for 4-room apartments in Grycka Mahala
Pros and cons
AI summaryPros
- functional layout
- two entrances
- controlled access
- air conditioning and UV purification
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- bedroom
- bedroom
- bathroom
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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