+13% above market
median 1,979 €/m² for comparable properties
67,000 € 2,233 €/m²
Rent covers ~ 291% of the payment
~ 864 €/mo rent · pays for itself in ~ 6 yrs
Sale128,800 €1,788 €/m²
Expected rent411 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Galata (81 properties)
Area
72 m²
Floor
2 / 4
Construction
Brick
Year
2010
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.
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Galata (81 properties) — 1,788 €/m² against 1,758 €/m².
2-room apartment in the district of Galata, Varna, located on the second floor of a four-storey brick building from 2010.
The layout includes a kitchen equipped with a hob, oven, and refrigerator, as well as a living room and bedroom suitable for comfortable daily living.
The building is constructed with brick material and features access control, with electric heating. The common areas are landscaped and include an outdoor pool.
The location offers tranquility in a gated complex with recreational amenities and proximity to urban infrastructure.
The property is suitable for those seeking a functional residential option in a secured environment with additional conveniences.
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.
Pros and cons
AI summaryPros
- functional layout
- access control
- landscaped common areas
- outdoor pool
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- living room
Amenities
- Access Control
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+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 1,979 €/m² for comparable properties
67,000 € 2,161 €/m²
Rent covers ~ 291% of the payment
~ 864 €/mo rent · pays for itself in ~ 6 yrs
+13% above market
median 1,979 €/m² for comparable properties
67,000 € 2,233 €/m²
Rent covers ~ 291% of the payment
~ 864 €/mo rent · pays for itself in ~ 6 yrs
+11% above market
median 1,765 €/m² for comparable properties
239,000 € 1,959 €/m²
Rent covers ~ 98% of the payment
~ 1,036 €/mo rent · you top up ~ 24 €/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
−30% below market
median 1,979 €/m² for comparable properties
76,000 € 1,381 €/m²
Rent covers ~ 256% of the payment
~ 864 €/mo rent · pays for itself in ~ 7 yrs
At market level
median 1,776 €/m² for comparable properties
210,000 € 1,909 €/m²
Rent covers ~ 93% of the payment
~ 864 €/mo rent · you top up ~ 68 €/mo