4-room apartment with sea view in Gretska mahala, Varna

This apartment is priced about 180,000 € below the typical price (the median) for 4-room apartments in Grycka Mahala (26 properties) — 1,999 €/m² against 3,125 €/m².

The apartment is located in Gretska mahala, Varna, on the top floor of a five-storey building. It has an area of 160 sq m and includes a basement room of 15 sq m outside the main floor area.

The layout includes a living area with kitchenette, three bedrooms, two bathrooms with toilets, corridor, storage room, and two terraces. One of the bedrooms has its own bathroom. The living area and two of the bedrooms have a south aspect, while the third bedroom faces north.

The building is brick-built and insulated, which suggests better thermal insulation and maintenance. There is no specific information about the building's age or the presence of an elevator.

The location is close to the Roman Baths and offers parking for two cars in the building's inner courtyard. The surroundings are urban with access to essential amenities.

The property is suitable for family living or investment, combining a functional layout and convenient location in central Varna.

With 20% down over 20 years the monthly mortgage payment is about 1,420 €, against an expected local rent of 783 €. The rent covers 55% of it.

Source: Market statistics for 4-room apartments in Grycka Mahala