+28% above market
median 1,775 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale98,700 €1,618 €/m²
Expected rent411 € /mo
~9,500 € BELOW MARKET
good value
against the median for 2-room apartments in Galata (82 properties)
Area
61 m²
Floor
3 / 4
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment438 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood
The rent covers 94% of the payment — you top up about 27 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 19% · 24,724 €
- 130,124 €
- 119,700 €▼ 10,424 € (8%)
- 117,716 €▼ 1,984 € (1.7%)
- 98,700 €▼ 19,016 € (16.2%)
- 101,700 €▲ 3,000 € (3%)
- 105,400 €▲ 3,700 € (3.6%)
Property analysis
This apartment is priced about 9,500 € below the typical price (the median) for 2-room apartments in Galata (82 properties) — 1,618 €/m² against 1,775 €/m².
With 20% down over 20 years the monthly mortgage payment is about 438 €, against an expected local rent of 411 €. The rent covers 94% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 6,700 €. It has been listed for 266 days. The asking price has fallen by 24,724 € (19%) since it was first listed.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 6%.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 19% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 266 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
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
- Access Control
Details
- Category
- Residential
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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