Sale

3-room apartment in Galata with terrace and parking

VarnaGalata
Published: 1 January 2026 Updated: 21 September 2026
Sale156,940 €1,523 €/m²
Expected rent1,007 € /mo

~26,000 € BELOW MARKET

good value

against the median for 3-room apartments in Galata (83 properties)

Area
103 m²
Floor
3 / 8
Construction
Brick
Year
2028

Yield analysis

Good investment rating

7.7% / yr
Monthly payment696 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood

The rent covers 145% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 26,000 € below the typical price (the median) for 3-room apartments in Galata (83 properties) — 1,523 €/m² against 1,778 €/m².

3-room apartment in Varna city, Galata district, part of a new complex with controlled access.

The layout includes a living area with kitchen, two separate bedrooms, a storage/laundry room, and a spacious terrace. The total floor area is 103 sq m, providing convenience and functionality.

The building is new-build from 2028, constructed with brick materials, equipped with an elevator, video surveillance, and security. The property is part of a gated complex with parking and internal road network.

The location offers proximity to the sea, green areas, and amenities such as kindergarten, school, and shops within the complex.

Suitable for family use with an emphasis on security and comfort combined with closeness to nature and urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 696 €, against an expected local rent of 1,007 €. The rent covers the whole payment (145%).

Source: Market statistics for 3-room apartments in Galata

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • garage / parking space
  • gated complex
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 imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 14% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 274 days.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2028.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • corridor - 9.49 sq m
  • bathroom - 3.84 sq m
  • living area with kitchen - 24.68 sq m
  • bedroom - 12.64 sq m
  • bedroom - 12.02 sq m
  • storage - 3.11 sq m
  • terrace - 5.71 sq m

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Access Control
  • Security
  • Renovated
  • Gated Community

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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