Sale

House in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 9 April 2026 Updated: 6 June 2026
Sale456,000 €2,533 €/m²
Expected rent1,748 € /mo

~61,500 € BELOW MARKET

good value

against the median for houses in Grycka Mahala (8 properties)

Area
180 m²
Construction
Brick
Year
1930

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment2,023 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood

The rent covers 86% of the payment — you top up about 275 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This house is priced about 61,500 € below the typical price (the median) for houses in Grycka Mahala (8 properties) — 2,533 €/m² against 2,875 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,023 €, against an expected local rent of 1,748 €. The rent covers 86% of it.

Source: Market statistics for houses in Grycka Mahala

Details

Category
Residential

Approximate location

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

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