+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
Sale210,000 €1,296 €/m²
Expected rent843 € /mo
~64,500 € BELOW MARKET
good value
against the median for 4-room apartments in Galata (24 properties)
Area
162 m²
Floor
1 / 4
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 89 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 64,500 € below the typical price (the median) for 4-room apartments in Galata (24 properties) — 1,296 €/m² against 1,694 €/m².
4-room apartment in the district of Galata, Varna, located on the first floor of a four-storey brick building.
The layout includes a living room with kitchen and dining area, three bedrooms, three bathrooms, and a terrace, providing functional use of the space.
The property has a separate entrance, adding convenience and privacy, and the construction is brick, with no specific information about the year of construction.
The district is preferred and offers a quiet environment suitable for families, with the option to purchase a garage with direct access to the apartment.
The property is suitable for family living or investment with rental potential, combining convenience and functionality.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 843 €. The rent covers 90% of it.
Pros and cons
AI summaryPros
- functional layout
- separate entrance
- terrace
- garage option
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 24% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 245 days.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- dining area
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 3
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
+28% above market
median 1,769 €/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 1,769 €/m² for comparable properties
165,000 € 1,875 €/m²
Rent covers ~ 56% of the payment
~ 411 €/mo rent · you top up ~ 321 €/mo