Sale

4-bedroom apartment in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 30 March 2026 Updated: 23 September 2026
Sale330,000 €3,300 €/m²
Expected rent947 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Grycka Mahala (20 properties)

Area
100 m²
Floor
1 / 3
Construction
Brick
Year
1970

Yield analysis

Low investment rating

3.4% / yr
Monthly payment1,464 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood

The rent covers 65% of the payment — you top up about 517 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 8.3% · 30,000 €
  1. 360,000 €1 April 2026Initial price
  2. 360,000 €▲ 0 € (0%) 26 May 2026Price increased
  3. 330,000 €▼ 30,000 € (8.3%) 5 June 2026Price reduced
  4. 330,000 €▲ 0 € (0%) 5 June 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Grycka Mahala (20 properties) — 3,300 €/m² against 3,306 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 947 €. The rent covers 65% of it.

This property is advertised in 3 offers from 2 different sellers. All offers are at the same price. It has been listed for 271 days. The asking price has fallen by 30,000 € (8.3%) since it was first listed.

Source: Market statistics for 3-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 271 days.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 8%.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

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

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

  5. 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.

Amenities

  • Tax Credit Option
  • With Transition
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
4
Bathrooms
1
Furnishing
Yes

Approximate location

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

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