SaleRent

4-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 10 February 2026 Updated: 28 September 2026
Sale499,950 €3,333 €/m²
Expected rent1,155 € /mo

~125,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Grycka Mahala (102 properties)

Area
150 m²
Floor
5 / 6
Construction
Brick
Year
2008

Yield analysis

Low investment rating

2.8% / yr
Monthly payment2,218 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood

The rent covers 52% of the payment — you top up about 1,063 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▲ 1% · 4,950 €
  1. 495,000 €7 February 2026Initial price
  2. 555,000 €▲ 60,000 € (12.1%) 1 March 2026Price increased
  3. 600,000 €▲ 45,000 € (8.1%) 3 July 2026Price increased
  4. 555,000 €▼ 45,000 € (7.5%) 1 August 2026Price reduced
  5. 499,950 €▼ 55,050 € (9.9%) 2 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 125,000 € above the typical price (the median) for 4-room apartments in Grycka Mahala (102 properties) — 3,225 €/m² against 2,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,218 €, against an expected local rent of 1,155 €. The rent covers 52% of it.

This property is advertised in 3 offers. All offers are at the same price. It has been listed for 239 days. The asking price has risen by 4,950 € (1%) since it was first listed.

Source: Market statistics for 4-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 changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 1% higher than when it was first advertised.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 239 days.

  3. Is there a tenant at the moment, and when does the lease end?

    Because: The property is advertised for sale and for rent at the same time.

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

Amenities

  • Elevator
  • Video Surveillance
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Location

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