Sale

4-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 3 September 2025 Updated: 3 September 2025
Sale650,000 €3,282 €/m²
Expected rent783 € /mo

AT MARKET LEVEL

fairly priced

against the median for 4-room apartments in Grycka Mahala (26 properties)

Area
198 m²
Floor
2 / 8
Construction
Brick
Year
1993

Yield analysis

Low investment rating

1.4% / yr
Monthly payment2,884 €20% down payment · 20 yrs · 3%
Expected rent783 €at market conditions for the neighbourhood

The rent covers 27% of the payment — you top up about 2,101 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 69 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) — 3,282 €/m² against 3,125 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,884 €, against an expected local rent of 783 €. The rent covers 27% of it.

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

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Amenities

  • Elevator

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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