+13% above market
median 1,979 €/m² for comparable properties
67,000 € 2,233 €/m²
Rent covers ~ 291% of the payment
~ 864 €/mo rent · pays for itself in ~ 6 yrs
Sale143,800 €2,396 €/m²
Expected rent411 € /mo
~38,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Galata (81 properties)
Area
60 m²
Floor
4 / 4
Construction
Brick
Year
2020
Yield analysis
Low investment rating
Monthly payment638 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 227 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 38,500 € above the typical price (the median) for 2-room apartments in Galata (81 properties) — 2,396 €/m² against 1,758 €/m².
2-room apartment in Varna city, Galata district, located on the top floor of a 2020 building with Act 16.
The layout includes functional rooms with a total area of 60 sq m, providing convenience and comfort for living.
The building is brick, equipped with an elevator and access control, and the property includes a parking space and a basement.
The location is quiet and peaceful, close to the sea, offering a 180-degree sea view.
Suitable for permanent residence or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 638 €, against an expected local rent of 411 €. The rent covers 64% of it.
Pros and cons
AI summaryPros
- sea view
- parking space and basement
- elevator and access control
- new brick building
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top 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
- Internet Connection
- Access Control
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,979 €/m² for comparable properties
67,000 € 2,161 €/m²
Rent covers ~ 291% of the payment
~ 864 €/mo rent · pays for itself in ~ 6 yrs
+13% above market
median 1,979 €/m² for comparable properties
67,000 € 2,233 €/m²
Rent covers ~ 291% of the payment
~ 864 €/mo rent · pays for itself in ~ 6 yrs
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At market level
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At market level
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