Sale

3-bedroom apartment in Varna, Galata

VarnaGalata
Published: 20 January 2026 Updated: 8 September 2026
Sale232,000 €1,516 €/m²
Expected rent1,007 € /mo

~40,000 € BELOW MARKET

good value

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

Area
153 m²
Floor
5 / 5
Construction
Brick
Year
2008

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment1,029 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood

The rent covers 98% of the payment — you top up about 22 €/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.

Price history

1 change since listing▲ 4.5% · 10,000 €
  1. 222,000 €17 February 2026Initial price
  2. 232,000 €▲ 10,000 € (4.5%) 9 March 2026Price increasedCurrent

Property analysis

This apartment is priced about 40,000 € below the typical price (the median) for 3-room apartments in Galata (83 properties) — 1,516 €/m² against 1,778 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,029 €, against an expected local rent of 1,007 €. The rent covers 98% of it.

The asking price has risen by 10,000 € (4.5%) since it was first listed.

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. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 5% higher than when it was first advertised.

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

    Because: The price per m² is about 15% below the average for comparable properties.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 256 days.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Amenities

  • Elevator

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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