+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
Sale87,000 €1,933 €/m²
Expected rent843 € /mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Galata (26 properties)
Area
45 m²
Floor
1 / 4
Construction
Brick
Year
2026
Yield analysis
Strong investment rating
Monthly payment386 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood
The rent covers 218% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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) — 1,933 €/m² against 1,993 €/m².
One-room apartment in the city of Varna, Galata district, part of a new brick building from 2026. It is located on the ground floor of a four-storey building.
The property has a usable area of 41.25 sq m with the possibility to convert it into a two-room apartment, providing flexibility in the layout.
The building is new, with luxurious common areas and will be delivered according to BDS standards, ensuring standard construction quality. An outdoor parking space is included in the price.
Galata district is an established area with good infrastructure and access to urban amenities.
The property is suitable for those looking for new-build with the option to adapt the space and secured parking.
With 20% down over 20 years the monthly mortgage payment is about 386 €, against an expected local rent of 843 €. The rent covers the whole payment (218%).
Pros and cons
AI summaryPros
- new-build
- parking space
- conversion potential
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.
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.
Layout
- room 41.25 sq m
- glazed room 3.12 sq m
Amenities
- With Parking
Details
- Category
- Residential
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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