+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
Sale189,486 €1,804 €/m²
Expected rent1,007 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Galata (83 properties)
Area
105 m²
Floor
2 / 5
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment841 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood
The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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▲ 12.5% · 21,056 €
- 168,430 €
- 189,486 €▲ 21,056 € (12.5%)
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Galata (83 properties) — 1,804 €/m² against 1,778 €/m².
Three-room apartment under construction, located in the Galata district, Varna.
The property features a convenient layout of 3 rooms, including 2 bedrooms, 2 bathrooms, and a balcony.
The building is brick, with planned completion in 2027, equipped with an elevator and the possibility of a parking space.
The location offers tranquility, fresh air, and a partial sea view.
Suitable for families or as an investment with good functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 841 €, against an expected local rent of 1,007 €. The rent covers the whole payment (120%).
The asking price has risen by 21,056 € (12.5%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- elevator
- balcony
- parking space possibility
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 changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 13% higher than when it was first advertised.
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
- bedroom
- living room
Amenities
- Elevator
- With Parking
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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