Sale

1-bedroom apartment in Varna, Galata

VarnaGalata
Published: 3 March 2026 Updated: 26 June 2026
Sale84,700 €1,802 €/m²
Expected rent843 € /mo

~9,000 € BELOW MARKET

good value

against the median for 1-room apartments in Galata (26 properties)

Area
47 m²
Floor
4 / 6
Construction
Brick
Heating
Local Heating

Yield analysis

Strong investment rating

11.9% / yr
Monthly payment376 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood

The rent covers 224% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 about 9,000 € below the typical price (the median) for 1-room apartments in Galata (26 properties) — 1,802 €/m² against 1,993 €/m².

With 20% down over 20 years the monthly mortgage payment is about 376 €, against an expected local rent of 843 €. The rent covers the whole payment (224%).

Source: Market statistics for 1-room apartments in Galata

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Amenities

  • Elevator
  • Security
  • Renovated

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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