Sale

3-bedroom apartment in Varna, Galata

VarnaGalata
Published: 1 October 2026 Updated: 1 October 2026
Sale225,000 €1,470 €/m²
Expected rent1,034 € /mo

~44,000 € BELOW MARKET

good value

against the median for 3-room apartments in Galata (85 properties)

Area
153 m²
Floor
5 / 6
Construction
Brick

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent1,034 €at market conditions for the neighbourhood

The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 44,000 € below the typical price (the median) for 3-room apartments in Galata (85 properties) — 1,470 €/m² against 1,759 €/m².

With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 1,034 €. The rent covers the whole payment (104%).

Source: Market statistics for 3-room apartments in Galata

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 16% below the average for comparable properties.

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

Amenities

  • Elevator
  • Video Surveillance
  • Access Control

Details

Category
Residential
Rooms
3
Furnishing
Yes

Approximate location

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

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