+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
Sale185,400 €2,288 €/m²
Expected rent1,007 € /mo
~41,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Galata (83 properties)
Area
81 m²
Floor
3 / 4
Construction
Brick
Year
2014
Yield analysis
Good investment rating
Monthly payment823 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 41,500 € above the typical price (the median) for 3-room apartments in Galata (83 properties) — 2,288 €/m² against 1,778 €/m².
With 20% down over 20 years the monthly mortgage payment is about 823 €, against an expected local rent of 1,007 €. The rent covers the whole payment (122%).
Amenities
- With Parking
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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