Sale

Two-room apartment with sea view in Galata, Varna

VarnaGalata
Published: 9 February 2026 Updated: 1 October 2026
Sale95,400 €1,563 €/m²
Expected rent411 € /mo

~12,500 € BELOW MARKET

good value

against the median for 2-room apartments in Galata (82 properties)

Area
61 m²
Floor
2 / 4
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment423 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood

The rent covers 97% of the payment — you top up about 12 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 19.6% · 24,016 €
  1. 122,716 €9 April 2026Initial price
  2. 110,400 €▼ 12,316 € (10%) 9 May 2026Price reduced
  3. 117,700 €▲ 7,300 € (6.6%) 9 June 2026Price increased
  4. 95,400 €▼ 22,300 € (18.9%) 6 July 2026Price reduced
  5. 98,700 €▲ 3,300 € (3.5%) 7 July 2026Price increasedCurrent

Property analysis

This apartment is priced about 12,500 € below the typical price (the median) for 2-room apartments in Galata (82 properties) — 1,490 €/m² against 1,769 €/m².

The offered two-room apartment is located in a new boutique building in the Galata district of Varna. It has a total area of 61 sq m and a functional layout, including a living room with kitchenette, bedroom, bathroom, and terrace with sea view. The apartment is on the second floor of a four-storey building, built in 2027 to modern standards. The property is offered as a shell, allowing for completion and furnishing according to the buyer's personal preferences. The district is quiet and preferred for its tranquility and proximity to nature, while also having convenient access to urban infrastructure. The building has a limited number of apartments, ensuring a controlled and comfortable living environment.

With 20% down over 20 years the monthly mortgage payment is about 423 €, against an expected local rent of 411 €. The rent covers 97% of it.

This property is advertised in 4 offers from 4 different sellers. The gap between the cheapest and the dearest is 28,916 €. It has been listed for 358 days. The asking price has fallen by 24,016 € (19.6%) since it was first listed.

Source: Market statistics for 2-room apartments in Galata

Pros and cons

AI summary
Pros
  • sea view
  • functional layout
  • quiet district
  • new-build
Cons
  • shell finish
  • second floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 4 listings, and the prices differ by about 23%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 16% below the average for comparable properties.

  3. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 20% below the original asking price.

  4. 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.

Layout

  • entrance hall
  • living room with kitchenette
  • bedroom
  • bathroom
  • terrace

Amenities

  • Elevator
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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