+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
Sale75,800 €1,516 €/m²
Expected rent843 € /mo
~24,000 € BELOW MARKET
good value
against the median for 1-room apartments in Galata (26 properties)
Area
50 m²
Floor
1 / 5
Construction
Brick
Year
2028
Yield analysis
Strong investment rating
Monthly payment336 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood
The rent covers 251% 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 about 24,000 € below the typical price (the median) for 1-room apartments in Galata (26 properties) — 1,516 €/m² against 1,993 €/m².
One-room apartment with an area of 50 sq m in the city of Varna, Galata district.
The layout is functional with one main room and the possibility to designate a kitchen and living area.
The building is new-build from 2028, brick, with an elevator and parking spaces, providing convenience and security.
The location is in a gated complex with video surveillance and controlled access, suitable for living or investment.
The property is suitable for people looking for a modern apartment with amenities in a quiet environment.
With 20% down over 20 years the monthly mortgage payment is about 336 €, against an expected local rent of 843 €. The rent covers the whole payment (251%).
Pros and cons
AI summaryPros
- new-build
- functional layout
- elevator
- parking space
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 24% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
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.
Amenities
- Elevator
- With Parking
- Leasing
- Video Surveillance
- Access Control
- Renovated
- Gated Community
- Needs Renovation
- Tax Credit Option
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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