+28% above market
median 1,775 €/m² for comparable properties
119,990 € 2,263 €/m²
Rent covers ~ 77% of the payment
~ 411 €/mo rent · you top up ~ 121 €/mo
Sale186,400 €2,094 €/m²
Expected rent1,007 € /mo
~28,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Galata (83 properties)
Area
89 m²
Floor
3 / 5
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment827 €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 28,000 € above the typical price (the median) for 3-room apartments in Galata (83 properties) — 2,094 €/m² against 1,778 €/m².
Three-room apartment with an area of 89 sq m, located in the district of Galata, Varna. The property is on the third floor of a five-storey building with an elevator.
The layout includes a living area with a terrace and sea view, a master bedroom with a walk-in closet, a second bedroom, and a utility room. The southern aspect provides good daylight illumination.
The building is new-build from 2027, constructed with brick materials and high-quality REHAU windows. The common areas are luxurious, and the insulation is modern.
The location offers tranquility and greenery, close to schools, kindergartens, and various extracurricular activities. There is free parking available in the area.
The property is suitable for families seeking a combination of convenience, view, and quiet environment near the sea.
With 20% down over 20 years the monthly mortgage payment is about 827 €, against an expected local rent of 1,007 €. The rent covers the whole payment (122%).
Pros and cons
AI summaryPros
- sea view
- southern aspect
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room
Amenities
- Elevator
- With Parking
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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