+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
Sale125,000 €2,083 €/m²
Expected rent845 € /mo
~17,500 € ABOVE MARKET
above market
against the median for apartments in Galata (231 properties)
Area
60 m²
Floor
3 / 4
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent845 €at market conditions for the neighbourhood
The rent covers 152% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 17,500 € above the typical price (the median) for apartments in Galata (231 properties) — 2,083 €/m² against 1,789 €/m².
Apartment with an area of 60 sq m, located in the district of Galata, Varna, in a gated complex.
Layout: entrance hall, living room with kitchen, bedroom, terrace, laundry/storage room and bathroom with toilet.
The building is brick, with an elevator and includes a parking space, video surveillance and controlled access.
The complex offers a swimming pool and landscaped inner courtyard, and the apartment overlooks them, providing tranquility and greenery.
Suitable for living with ready furnishings and no need for renovation, combining convenience and functionality.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 845 €. The rent covers the whole payment (152%).
Pros and cons
AI summaryPros
- gated complex
- included parking space
- pool in complex
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
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What feedback have previous viewers given?
Because: We have been tracking this listing for about 213 days.
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
- kitchen
- bedroom
- terrace
- laundry room
- bathroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Gated Community
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Location
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