−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
Sale239,000 €1,959 €/m²
Expected rent1,034 € /mo
~24,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Galata (85 properties)
Area
122 m²
Floor
1 / 6
Construction
Brick
Year
2025
Yield analysis
Fair investment rating
Monthly payment1,060 €20% down payment · 20 yrs · 3%
Expected rent1,034 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 26 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 24,500 € above the typical price (the median) for 3-room apartments in Galata (85 properties) — 1,959 €/m² against 1,759 €/m².
Apartment in Varna city, Galata district, located on the first floor of a new building from 2025 with energy class A. The property offers 122 sq m floor area and a large veranda of about 117 sq m with panoramic views of the sea and nature.
The layout includes a large living room with kitchenette, two bedrooms, two bathrooms, and a storage room, providing convenience and functionality for family use.
The building is brick, with modern technologies such as sound insulation, silent plumbing installation, water filters, and SMART HOME system. Elevator, video surveillance, and access control are available.
Galata district is a rapidly developing area with good transport connections and proximity to natural zones, contributing to a peaceful environment. Possibility to purchase an underground parking space.
The property is suitable for people seeking a spacious home with good functionality and connection to nature in an urban setting.
With 20% down over 20 years the monthly mortgage payment is about 1,060 €, against an expected local rent of 1,034 €. The rent covers 98% of it.
Pros and cons
AI summaryPros
- large veranda
- panoramic view
- new-build
- SMART HOME system
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 255 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- Internet Connection
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Location
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