+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
Sale155,000 €2,500 €/m²
Expected rent411 € /mo
~45,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Galata (82 properties)
Area
62 m²
Floor
3 / 6
Construction
Brick
Year
2026
Yield analysis
Low investment rating
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood
The rent covers 60% of the payment — you top up about 277 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 45,500 € above the typical price (the median) for 2-room apartments in Galata (82 properties) — 2,500 €/m² against 1,769 €/m².
The offered property is a 2-room apartment with an area of 62 sq m, located in the Galata district, Varna. The layout includes comfortable and bright rooms suitable for everyday use. The building is new-build from 2026, constructed with brick materials and equipped with an elevator, video surveillance, and controlled access. The location is close to central parts of the city with easy access to main roads and amenities. The property is suitable for those seeking a modern urban lifestyle with additional conveniences and security.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 411 €. The rent covers 60% of it.
Pros and cons
AI summaryPros
- new-build
- panoramic view
- controlled access
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- living room
Amenities
- Elevator
- With Parking
- Video Surveillance
- 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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