+39% above market
median 1,398 €/m² for comparable properties
199,990 € 1,941 €/m²
Rent covers ~ 76% of the payment
~ 670 €/mo rent · you top up ~ 217 €/mo
Sale190,000 €1,775 €/m²
Expected rent670 € /mo
~40,500 € ABOVE MARKET
overpriced
against the median for floors of house in Galata (12 properties)
Area
107 m²
Floor
2 / 4
Construction
Brick
Year
1970
Yield analysis
Fair investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent670 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 173 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This floor of House is priced about 40,500 € above the typical price (the median) for floors of house in Galata (12 properties) — 1,775 €/m² against 1,398 €/m².
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 670 €. The rent covers 79% of it.
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Bathrooms
- 2
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 ~ 84% of the payment
~ 670 €/mo rent · you top up ~ 124 €/mo
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Rent covers ~ 137% of the payment
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Rent covers ~ 81% of the payment
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At market level
median 1,398 €/m² for comparable properties
198,000 € 1,414 €/m²
Rent covers ~ 76% of the payment
~ 670 €/mo rent · you top up ~ 208 €/mo
+78% above market
median 1,398 €/m² for comparable properties
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Rent covers ~ 61% of the payment
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149,900 € 1,499 €/m²
Rent covers ~ 449% of the payment
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