+28% above market
median 1,775 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale146,052 €1,781 €/m²
Expected rent411 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Galata (82 properties)
Area
82 m²
Floor
3 / 5
Construction
Brick
Year
2027
Yield analysis
Low investment rating
Monthly payment648 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 237 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 (82 properties) — 1,781 €/m² against 1,775 €/m².
The offered property is a two-room apartment in the Galata district, Varna. It has a total area of 82 sq m and is located on the third floor of a new brick building from 2027. The layout includes a spacious living room, a separate bedroom, and two balconies that provide additional outdoor space. The building is equipped with an elevator and there is an option to purchase a parking space. The location offers quietness and sea air, suitable for people seeking peace and comfort. The property is suitable for residential use with good functionality and amenities.
With 20% down over 20 years the monthly mortgage payment is about 648 €, against an expected local rent of 411 €. The rent covers 63% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- new-build
- 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.
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
- bedroom
- living room
Amenities
- Elevator
- With Parking
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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