Sale

4-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 4 November 2023 Updated: 4 November 2023
Sale257,500 €3,433 €/m²
Expected rent783 € /mo

AT MARKET LEVEL

fairly priced

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

Area
75 m²
Floor
4 / 5
Construction
Brick
Year
1950

Yield analysis

Low investment rating

3.6% / yr
Monthly payment1,142 €20% down payment · 20 yrs · 3%
Expected rent783 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 359 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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) — 3,433 €/m² against 3,125 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,142 €, against an expected local rent of 783 €. The rent covers 69% of it.

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 feedback have previous viewers given?

    Because: We have been tracking this listing for about 1063 days.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1950 — about 76 years old.

  3. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

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

Details

Category
Residential
Rooms
4
Bathrooms
1
Furnishing
Yes

Location

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