+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
Sale168,900 €1,759 €/m²
Expected rent1,007 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Galata (83 properties)
Area
96 m²
Floor
3 / 5
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment749 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood
The rent covers 134% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 at the typical price (the median) for 3-room apartments in Galata (83 properties) — 1,759 €/m² against 1,778 €/m².
The offered three-room apartment is part of a newly built brick building from 2027 in the Galata district, Varna. With an area of 96 sq m, the property features a functional layout including a large corridor, spacious living room with kitchen area, two large bedrooms, one of which has a walk-in closet, as well as two bathrooms. The southwest aspect provides good natural lighting throughout the day. The location combines tranquility and convenience – nearby are a supermarket, pharmacy, kindergarten, school, sports grounds, and green areas for recreation. There is an option to purchase a parking space. The apartment is offered with finishing works according to BDS standards.
With 20% down over 20 years the monthly mortgage payment is about 749 €, against an expected local rent of 1,007 €. The rent covers the whole payment (134%).
Pros and cons
AI summaryPros
- southwest aspect
- functional layout
- close to school and kindergarten
- new-build
Cons
- unfurnished
- needs finishing works
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 235 days.
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
- Large corridor
- Spacious living room with kitchen area
- Two large bedrooms
- Two bathrooms
- Terrace
Amenities
- Elevator
- Video Surveillance
- Access Control
- Renovated
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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