+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
Sale165,000 €1,718 €/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 / 4
Construction
Brick
Year
2026
Yield analysis
Good investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent1,007 €at market conditions for the neighbourhood
The rent covers 138% 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) — 1,718 €/m² against 1,778 €/m².
The apartment is located in the Galata district, Varna, on the third floor of a four-storey building before Act 15.
The property has a functional layout with an entrance hall, living room with kitchen and dining area with access to a balcony, two bedrooms, bathroom with toilet, and storage area.
The building is brick, built in 2026, and the apartment will be finished to BDS standards with an available elevator.
The location is in a quiet area, about a 10-minute walk from the beach strip, providing convenient access to the sea and nature.
The property is suitable for people looking for a home near the sea with amenities and modern construction.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 1,007 €. The rent covers the whole payment (138%).
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to the sea
- new-build
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 2026.
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
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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