Sale

Four-room apartment in Gretska mahala, Varna with two entrances

VarnaGrycka Mahala
Published: 3 June 2026 Updated: 8 September 2026
Sale329,990 €3,401 €/m²
Expected rent783 € /mo

AT MARKET LEVEL

fairly priced

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

Area
97 m²
Floor
1 / 3
Construction
Brick

Yield analysis

Low investment rating

2.8% / yr
Monthly payment1,464 €20% down payment · 20 yrs · 3%
Expected rent783 €at market conditions for the neighbourhood

The rent covers 53% of the payment — you top up about 681 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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) — 3,401 €/m² against 3,125 €/m².

The apartment is located in Gretska mahala, Varna, on the first floor of a three-storey building. It features four rooms, including two bedrooms, a spacious living room, and a separate kitchen. The internal layout is functional, with two separate entrances providing additional convenience. The building is brick, renovated, and equipped with access control and video surveillance. The location is close to the Sea Garden and the Summer Theatre, offering easy access to urban amenities and green spaces. The property is suitable for families seeking a home in a central and well-maintained part of Varna.

With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 783 €. The rent covers 53% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two separate entrances
  • controlled access
  • close to Sea Garden
Cons
  • ground floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. 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

  • bedroom
  • bedroom
  • living room
  • kitchen

Amenities

  • Access Control

Details

Category
Residential
Rooms
4
Furnishing
Yes

Approximate location

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

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