+28% above market
median 1,769 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale355,000 €2,610 €/m²
Expected rent1,007 € /mo
~113,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Galata (83 properties)
Area
136 m²
Floor
2 / 4
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment1,575 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 568 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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▲ 4.4% · 15,000 €
- 340,000 €
- 355,000 €▲ 15,000 € (4.4%)
Property analysis
This apartment is priced about 113,000 € above the typical price (the median) for 3-room apartments in Galata (83 properties) — 2,610 €/m² against 1,778 €/m².
Three-room apartment with an area of 136 sq m in the district of Galata, Varna.
The layout includes a spacious living area of 59.41 sq m, two bedrooms, two bathrooms with toilets, a utility room, and a terrace with sea views.
The property is in a new brick building from 2023, on the second floor of four, with an elevator and parking spaces in the yard.
The location is well connected, in a gated complex with controlled access and video surveillance, and the yard is well maintained.
Suitable for those seeking a spacious property with amenities and sea views close to the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,575 €, against an expected local rent of 1,007 €. The rent covers 64% of it.
The asking price has risen by 15,000 € (4.4%) since it was first listed.
Pros and cons
AI summaryPros
- spacious living area
- terrace with sea view
- new-build
- controlled access
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 4% higher than when it was first advertised.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 271 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living area /59.41 sq m/
- bedroom /14.65 sq m/
- bedroom /9.27 sq m/
- bathroom
- bathroom
- utility room
- terrace
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+12% above market
median 1,993 €/m² for comparable properties
66,990 € 2,233 €/m²
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
At market level
median 1,778 €/m² for comparable properties
160,000 € 1,951 €/m²
Rent covers ~ 142% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 13 yrs
+25% above market
median 1,778 €/m² for comparable properties
134,999 € 2,213 €/m²
Rent covers ~ 168% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 11 yrs
−16% below market
median 1,993 €/m² for comparable properties
74,000 € 1,681 €/m²
Rent covers ~ 257% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
−9% below market
median 1,993 €/m² for comparable properties
67,000 € 1,810 €/m²
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
+28% above market
median 1,769 €/m² for comparable properties
128,800 € 1,788 €/m²
Rent covers ~ 72% of the payment
~ 411 €/mo rent · you top up ~ 160 €/mo
+11% above market
median 1,769 €/m² for comparable properties
165,000 € 1,875 €/m²
Rent covers ~ 56% of the payment
~ 411 €/mo rent · you top up ~ 321 €/mo