Sale

Panoramic three-room apartment with large terrace in Galata, Varna

VarnaGalata
Published: 7 February 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 / 6
Construction
Brick

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.

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.

The offered three-room apartment with a floor area of 153 sq m is located in the Galata district of Varna, on the fifth floor of a brick building. The property includes a spacious living room with a kitchenette and access to a terrace with sea views, two bedrooms each with separate terraces, and a combined bathroom. Additionally, via a spiral staircase there is access to a large terrace on the sixth floor, equipped with electricity and water, suitable for a summer lounge or barbecue area. The location is convenient, close to the sea, public transport, shops, pharmacies, and childcare facilities. The apartment is offered finished turnkey, facilitating immediate occupancy.

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.

Source: Market statistics for 3-room apartments in Galata

Pros and cons

AI summary
Pros
  • sea view
  • large terrace
  • close to sea
  • good infrastructure
Cons
  • fifth floor
  • spiral staircase to terrace

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 15% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 238 days.

  3. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

Layout

  • entrance hall
  • living room with kitchenette
  • two bedrooms
  • combined bathroom
  • 42 sq m terrace
  • terrace

Amenities

  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

Similar properties nearby