Sale

Spacious 3-room apartment with sea view in Galata, Varna

VarnaGalata
Published: 3 August 2026 Updated: 8 September 2026
Sale195,700 €1,151 €/m²
Expected rent1,007 € /mo

~106,500 € BELOW MARKET

good value

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

Area
170 m²
Floor
2 / 4
Construction
Brick

Yield analysis

Good investment rating

6.2% / yr
Monthly payment868 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood

The rent covers 116% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 106,500 € below the typical price (the median) for 3-room apartments in Galata (83 properties) — 1,151 €/m² against 1,778 €/m².

3-room apartment in Varna city, Galata district, located on the second floor of a four-storey brick building.
Layout: spacious living room with kitchen and dining area, two large bedrooms with separate bathrooms, laundry room, four balconies and a large terrace of 80 sq m.
The building is brick, and the apartment is offered unfinished to BDS standards, allowing completion and furnishing according to an individual project.
Galata district is a preferred area close to the sea coast, with easy access to the beach and sea view as a main feature.
The property is suitable for family residence or investment, combining spaciousness and convenient seaside location.

With 20% down over 20 years the monthly mortgage payment is about 868 €, against an expected local rent of 1,007 €. The rent covers the whole payment (116%).

Source: Market statistics for 3-room apartments in Galata

Pros and cons

AI summary
Pros
  • large living area
  • sea view
  • four balconies
  • large terrace
Cons
  • unfinished to BDS

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 35% 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.

Layout

  • living room with kitchen and dining area
  • bedroom
  • bedroom
  • laundry room

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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