median 1,769 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
~13,500 € BELOW MARKET
good value
against the median for 1-room apartments in Galata (26 properties)
Strong investment rating
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.
This apartment is priced about 13,500 € below the typical price (the median) for 1-room apartments in Galata (26 properties) — 1,681 €/m² against 1,993 €/m².
One-room apartment in a new building in the district of Galata, Varna. The property has an area of 44 sq m and is located on the first floor of a five-storey building.
The layout includes a spacious living room, entrance hall, bathroom with toilet, and an English courtyard terrace, providing additional space and light. The apartment has studio status and is finished turnkey.
The building is brick, constructed in 2026, before Act 16, with guaranteed quality from an experienced builder. There is an option to purchase a parking space.
The location is quiet with an open sea view, fresh air, and easy access to main roads and city amenities.
Suitable for both personal use and investment, combining convenience and functionality.
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%).
The asking price has risen by 1,000 € (1.4%) since it was first listed.
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 1% higher than when it was first advertised.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 16% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,769 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
median 1,993 €/m² for comparable properties
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
median 1,778 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 13 yrs
median 1,778 €/m² for comparable properties
Rent covers ~ 168% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 11 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
median 1,769 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 411 €/mo rent · you top up ~ 160 €/mo
median 1,769 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 411 €/mo rent · you top up ~ 321 €/mo
median 1,778 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 19 yrs