−16% below market
median 1,759 €/m² for comparable properties
225,000 € 1,470 €/m²
Rent covers ~ 104% of the payment
~ 1,034 €/mo rent · pays for itself in ~ 18 yrs
Sale120,000 €1,818 €/m²
Expected rent411 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Galata (81 properties)
Area
66 m²
Floor
0 / 5
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood
The rent covers 77% of the payment — you top up about 121 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 at the typical price (the median) for 2-room apartments in Galata (81 properties) — 1,846 €/m² against 1,758 €/m².
Two-room apartment in Varna city, Galata district, located on the ground floor of a building with a total of 5 floors.
The layout includes two main rooms with separate air conditioners and internet connection, suitable for living or renting out.
The building is brick, with an elevator and video surveillance available, and the apartment is renovated and part of a gated complex with controlled access.
The complex offers additional amenities such as a pool, children's playground, and barbecue area, contributing to a more comfortable lifestyle.
The property is suitable for people seeking security and conveniences in a residential environment with the option to use an outdoor parking space.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 411 €. The rent covers 77% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 18,000 €. It has been listed for 121 days.
Pros and cons
AI summaryPros
- gated complex
- pool and playground
- renovated apartment
- elevator and video surveillance
Cons
- ground floor
- high maintenance fee
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 13%.
Is there a tenant at the moment, and when does the lease end?
Because: The property is advertised for sale and for rent at the same time.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
Amenities
- Elevator
- Leasing
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Renovated
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Location
Similar properties nearby
+13% above market
median 1,986 €/m² for comparable properties
67,000 € 2,233 €/m²
Rent covers ~ 289% of the payment
~ 859 €/mo rent · pays for itself in ~ 6 yrs
+36% above market
median 1,758 €/m² for comparable properties
143,800 € 2,396 €/m²
Rent covers ~ 64% of the payment
~ 411 €/mo rent · you top up ~ 227 €/mo
At market level
median 1,986 €/m² for comparable properties
67,000 € 2,161 €/m²
Rent covers ~ 289% of the payment
~ 859 €/mo rent · pays for itself in ~ 6 yrs
+13% above market
median 1,986 €/m² for comparable properties
67,000 € 2,233 €/m²
Rent covers ~ 289% of the payment
~ 859 €/mo rent · pays for itself in ~ 6 yrs
At market level
median 1,759 €/m² for comparable properties
194,500 € 1,800 €/m²
Rent covers ~ 120% of the payment
~ 1,034 €/mo rent · pays for itself in ~ 16 yrs
+11% above market
median 1,759 €/m² for comparable properties
239,000 € 1,959 €/m²
Rent covers ~ 98% of the payment
~ 1,034 €/mo rent · you top up ~ 26 €/mo
+26% above market
median 1,758 €/m² for comparable properties
135,000 € 2,213 €/m²
Rent covers ~ 69% of the payment
~ 411 €/mo rent · you top up ~ 188 €/mo