+39% above market
median 1,398 €/m² for comparable properties
199,990 € 1,941 €/m²
Rent covers ~ 76% of the payment
~ 676 €/mo rent · you top up ~ 211 €/mo
Sale249,000 €2,490 €/m²
Expected rent676 € /mo
~109,000 € ABOVE MARKET
overpriced
against the median for floors of house in Galata (12 properties)
Area
100 m²
Floor
1 / 2
Construction
Brick
Year
1960
Yield analysis
Low investment rating
Monthly payment1,105 €20% down payment · 20 yrs · 3%
Expected rent676 €at market conditions for the neighbourhood
The rent covers 61% of the payment — you top up about 429 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 0.4% · 1,000 €
- 250,000 €
- 249,000 €▼ 1,000 € (0.4%)
Property analysis
This floor of House is priced about 109,000 € above the typical price (the median) for floors of house in Galata (12 properties) — 2,490 €/m² against 1,398 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,105 €, against an expected local rent of 676 €. The rent covers 61% of it.
The asking price has fallen by 1,000 € (0.4%) since it was first listed.
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,398 €/m² for comparable properties
179,000 € 1,398 €/m²
Rent covers ~ 85% of the payment
~ 676 €/mo rent · you top up ~ 118 €/mo
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Rent covers ~ 80% of the payment
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Rent covers ~ 82% of the payment
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Rent covers ~ 50% of the payment
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At market level
median 1,398 €/m² for comparable properties
198,000 € 1,414 €/m²
Rent covers ~ 77% of the payment
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median 1,670 €/m² for comparable properties
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Rent covers ~ 449% of the payment
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