+28% above market
median 1,775 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale74,000 €2,000 €/m²
Expected rent843 € /mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Galata (26 properties)
Area
37 m²
Floor
0 / 5
Construction
Brick
Year
2026
Yield analysis
Strong investment rating
Monthly payment328 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood
The rent covers 257% 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.
Property analysis
This apartment is priced at the typical price (the median) for 1-room apartments in Galata (26 properties) — 2,000 €/m² against 1,993 €/m².
One-room apartment with an area of 37 sq m, located on the ground floor of a new building in the Galata district, Varna.
The layout includes a spacious living room with kitchenette, entrance hall, and bathroom with toilet, with direct access to a private yard.
The building is new brick construction, pre-Act 16, with floor coverings and PVC windows with triple glazing, ensuring good thermal insulation.
Galata district is quiet and offers proximity to the sea and easy access to the center of Varna.
The property is suitable for living, a holiday home, or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 328 €, against an expected local rent of 843 €. The rent covers the whole payment (257%).
Pros and cons
AI summaryPros
- functional layout
- private yard
- new building
- PVC windows with triple glazing
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room with kitchenette 22.00 sq m
- entrance hall 3.00 sq m
- bathroom with toilet 3.60 sq m
Amenities
- Access Control
- Renovated
- Tax Credit Option
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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