Sale

Floor of House in Varna, Galata

VarnaGalata
Published: 3 January 2026 Updated: 23 September 2026
Sale199,990 €1,941 €/m²
Expected rent670 € /mo

~56,000 € ABOVE MARKET

overpriced

against the median for floors of house in Galata (12 properties)

Area
103 m²
Floor
2 / 3
Construction
Brick
Year
2000

Yield analysis

Fair investment rating

4% / yr
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent670 €at market conditions for the neighbourhood

The rent covers 76% of the payment — you top up about 217 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 0% · 10 €
  1. 200,000 €5 February 2026Initial price
  2. 190,000 €▼ 10,000 € (5%) 9 April 2026Price reduced
  3. 199,990 €▲ 9,990 € (5.3%) 8 May 2026Price increasedCurrent

Property analysis

This floor of House is priced about 56,000 € above the typical price (the median) for floors of house in Galata (12 properties) — 1,941 €/m² against 1,398 €/m².

With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 670 €. The rent covers 76% of it.

The asking price has fallen by 10 € (0%) since it was first listed.

Source: Market statistics for floors of house in Galata

Amenities

  • Renovated

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

+23% above market

median 1,398 €/m² for comparable properties

110,000 € 1,718 €/m²
  • 64m²
  • 3/3fl.

Rent covers ~ 137% of the payment

~ 670 €/mo rent · pays for itself in ~ 14 yrs

−18% below market

median 1,398 €/m² for comparable properties

186,000 € 1,148 €/m²
  • 162m²
  • 0/4fl.
  • 2offers

Rent covers ~ 81% of the payment

~ 670 €/mo rent · you top up ~ 155 €/mo

At market level

median 1,398 €/m² for comparable properties

198,000 € 1,414 €/m²
  • 140m²
  • 1/2fl.
  • 2offers

Rent covers ~ 76% of the payment

~ 670 €/mo rent · you top up ~ 208 €/mo