Sale+20% над пазара

Three-room apartment with high ceilings in Gretska mahala, Varna

VarnaGrycka Mahala

Published: 20 March 2026 Updated: 10 August 2026

Sale235,000 €3,916 €/m²

Expected rent835 € /mo

Area

60 m²

Floor

1 / 3

Construction

Brick

Year

1920

Yield analysis

Fair investment rating

4.3% / yr

Monthly payment1,043 €20% down payment · 20 yrs · 3%

Expected rent835 €at market conditions for the neighbourhood

The rent covers 80% of the payment — you top up about 208 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 4.1% · 10,000 €

245,000 €7 April 2026Първоначална цена
235,000 €▼ 10,000 € (4.1%) 3 July 2026Намаление на ценатаCurrent

Listing summary

AI summary

The apartment is located in the city of Varna, in the historic Gretska mahala, on the first above-ground floor of a cultural monument building from 1922.

The layout includes three large rooms – a children's bedroom, a master bedroom, and a living room with a kitchenette, as well as a bathroom with toilet and a small balcony. The high ceilings of 3.50 m and natural light contribute to the sense of spaciousness.

The building has a brick and timber-joist structure, with major renovations in 2009 and updated plumbing installations in 2024. The common areas are maintained, and the facade and roof have been recently renovated.

The location is close to the city beach and main pedestrian zone, with convenient access to transport and parking. The area includes administrative and public buildings, providing amenities and rental opportunities.

The property is suitable for living or investment, combining historical value with functionality and convenience in the center of Varna.

Pros and cons

Pros

high ceilings
major renovation
central location
quality materials

Cons

ground floor
no elevator

Questions for the viewing

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

Is there still room to negotiate?
Because: The price has been cut once, by about 4%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1920 — about 106 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.