+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 / 4
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 new brick building, constructed in 2027 in the Galata district of Varna. With an area of 96 sq m, the property features a functional layout including a large corridor, spacious living room with kitchenette, two bedrooms, one of which has a walk-in closet, two bathrooms, and a terrace. The southwest aspect provides good natural light throughout the day. The location combines tranquility and convenience, with a supermarket, pharmacy, kindergarten, school, sports grounds, and green recreational areas nearby. The property is offered unfinished (BDS standard), with the option to purchase a parking space.
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 brick building
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.
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
- corridor
- living room
- kitchenette
- bedroom
- bedroom
- bathroom
- bathroom
- terrace
Amenities
- Elevator
- With Parking
- 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.
Similar properties nearby
+12% above market
median 1,993 €/m² for comparable properties
66,990 € 2,233 €/m²
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
At market level
median 1,778 €/m² for comparable properties
160,000 € 1,951 €/m²
Rent covers ~ 142% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 13 yrs
+25% above market
median 1,778 €/m² for comparable properties
134,999 € 2,213 €/m²
Rent covers ~ 168% of the payment
~ 1,007 €/mo rent · pays for itself in ~ 11 yrs
−16% below market
median 1,993 €/m² for comparable properties
74,000 € 1,681 €/m²
Rent covers ~ 257% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
−9% below market
median 1,993 €/m² for comparable properties
67,000 € 1,810 €/m²
Rent covers ~ 284% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
+27% above market
median 1,775 €/m² for comparable properties
128,800 € 1,788 €/m²
Rent covers ~ 72% of the payment
~ 411 €/mo rent · you top up ~ 160 €/mo
+11% above market
median 1,775 €/m² for comparable properties
165,000 € 1,875 €/m²
Rent covers ~ 56% of the payment
~ 411 €/mo rent · you top up ~ 321 €/mo