Sale

4-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 9 September 2026 Updated: 9 September 2026
Sale399,000 €4,030 €/m²
Expected rent783 € /mo

~89,500 € ABOVE MARKET

overpriced

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

Area
99 m²
Floor
2 / 3
Construction
Brick
Year
1970

Yield analysis

Low investment rating

2.4% / yr
Monthly payment1,770 €20% down payment · 20 yrs · 3%
Expected rent783 €at market conditions for the neighbourhood

The rent covers 44% of the payment — you top up about 987 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 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 about 89,500 € above the typical price (the median) for 4-room apartments in Grycka Mahala (26 properties) — 4,030 €/m² against 3,125 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,770 €, against an expected local rent of 783 €. The rent covers 44% 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. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

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

Amenities

  • With Parking

Details

Category
Residential
Rooms
4
Bathrooms
1

Approximate location

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

Similar properties nearby