+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
Sale128,800 €1,951 €/m²
Expected rent411 € /mo
~12,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Galata (82 properties)
Area
66 m²
Floor
2 / 5
Construction
Brick
Year
2009
Yield analysis
Low investment rating
Monthly payment571 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 160 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 5.9% · 8,100 €
- 136,900 €
- 128,800 €▼ 8,100 € (5.9%)
Property analysis
This apartment is priced about 12,000 € above the typical price (the median) for 2-room apartments in Galata (82 properties) — 1,951 €/m² against 1,769 €/m².
2-room apartment in Varna city, Galata district, located in a gated complex with maintained common areas and a swimming pool.
The property has a layout: entrance hall, living room with kitchenette and access to a terrace overlooking the inner courtyard, bedroom, bathroom, and storage room.
The building is brick from 2009, with an elevator and provided amenities such as video surveillance, access control, and parking.
The district offers good infrastructure with proximity to public transport, shops, schools, and green areas.
The property is suitable for living or renting out in a quiet environment with conveniences for families and tourists.
With 20% down over 20 years the monthly mortgage payment is about 571 €, against an expected local rent of 411 €. The rent covers 72% of it.
The asking price has fallen by 8,100 € (5.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- southwest aspect
- parking
- elevator
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 238 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
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
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+12% above market
median 1,993 €/m² for comparable properties
66,990 € 2,233 €/m²
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
At market level
median 1,778 €/m² for comparable properties
160,000 € 1,951 €/m²
Rent covers ~ 142% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 13 yrs
+25% above market
median 1,778 €/m² for comparable properties
134,999 € 2,213 €/m²
Rent covers ~ 168% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 11 yrs
−16% below market
median 1,993 €/m² for comparable properties
74,000 € 1,681 €/m²
Rent covers ~ 257% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
−9% below market
median 1,993 €/m² for comparable properties
67,000 € 1,810 €/m²
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
+28% above market
median 1,769 €/m² for comparable properties
128,800 € 1,788 €/m²
Rent covers ~ 72% of the payment
~ 411 €/mo rent · you top up ~ 160 €/mo
+11% above market
median 1,769 €/m² for comparable properties
165,000 € 1,875 €/m²
Rent covers ~ 56% of the payment
~ 411 €/mo rent · you top up ~ 321 €/mo