+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
Sale88,500 €1,882 €/m²
Expected rent845 € /mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Galata (26 properties)
Area
47 m²
Floor
5 / 9
Construction
Brick
Year
2028
Yield analysis
Strong investment rating
Monthly payment393 €20% down payment · 20 yrs · 3%
Expected rent845 €at market conditions for the neighbourhood
The rent covers 215% 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) — 1,882 €/m² against 1,993 €/m².
Studio apartment with an area of 47 sq m, located on the fifth floor in a new building in the Galata district, Varna.
The layout includes a spacious living room with a kitchenette, a relaxation area, a bathroom with toilet, and a terrace, providing functionality and natural light.
The building is brick construction from 2028, equipped with an elevator and situated in a gated complex with controlled access.
The location offers convenient access to urban infrastructure and services, suitable for living or investment.
The property is suitable for those seeking a modern and practical home with rental income potential.
With 20% down over 20 years the monthly mortgage payment is about 393 €, against an expected local rent of 845 €. The rent covers the whole payment (215%).
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- gated complex
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.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- studio
Amenities
- Elevator
- Gated Community
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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