+28% above market
median 1,769 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale66,990 €2,233 €/m²
Expected rent843 € /mo
~7,000 € ABOVE MARKET
above market
against the median for 1-room apartments in Galata (26 properties)
Area
30 m²
Floor
3 / 4
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment297 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood
The rent covers 284% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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▼ 13.6% · 10,510 €
- 77,500 €
- 72,500 €▼ 5,000 € (6.5%)
- 69,990 €▼ 2,510 € (3.5%)
- 66,990 €▼ 3,000 € (4.3%)
Property analysis
This apartment is priced about 7,000 € above the typical price (the median) for 1-room apartments in Galata (26 properties) — 2,233 €/m² against 1,993 €/m².
One-room apartment in the city of Varna, district Galata, located on the third floor of four in a brick building from 2010.
The layout includes an entrance hall, living room with kitchenette and access to a terrace, as well as a bathroom with toilet.
The building is brick, with controlled access and the property is after renovation, which ensures good maintenance and functionality.
The location is convenient, close to a school, park, public transport stops and supermarkets, with the possibility of free parking in the area.
The property is suitable for independent living or investment for rental purposes, thanks to its compact size and convenient location.
With 20% down over 20 years the monthly mortgage payment is about 297 €, against an expected local rent of 843 €. The rent covers the whole payment (284%).
The asking price has fallen by 10,510 € (13.6%) since it was first listed.
Pros and cons
AI summaryPros
- after renovation
- terrace
- brick construction
- good location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 14% below the original asking price.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bathroom
Amenities
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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