Sale

Maisonette in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 3 February 2026 Updated: 7 September 2026
Sale790,000 €2,615 €/m²
Expected rent782 € /mo

~198,000 € BELOW MARKET

good value

against the median for apartments in Grycka Mahala (128 properties)

Area
302 m²
Floor
5 / 5
Construction
Brick

Yield analysis

Low investment rating

1.2% / yr
Monthly payment3,505 €20% down payment · 20 yrs · 3%
Expected rent782 €at market conditions for the neighbourhood

The rent covers 22% of the payment — you top up about 2,723 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 84 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▼ 16% · 150,000 €
  1. 940,000 €1 July 2026Initial price
  2. 790,000 €▼ 150,000 € (16%) 8 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 198,000 € below the typical price (the median) for apartments in Grycka Mahala (128 properties) — 2,615 €/m² against 3,272 €/m².

With 20% down over 20 years the monthly mortgage payment is about 3,505 €, against an expected local rent of 782 €. The rent covers 22% of it.

The asking price has fallen by 150,000 € (16%) since it was first listed.

Source: Market statistics for 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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 20% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 241 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 16%.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Amenities

  • Elevator
  • With Parking
  • Access Control

Details

Category
Residential
Rooms
5
Bathrooms
3
Furnishing
Yes

Approximate location

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

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