+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
Sale186,000 €1,148 €/m²
Expected rent676 € /mo
~40,500 € BELOW MARKET
good value
against the median for floors of house in Galata (12 properties)
Area
162 m²
Floor
0 / 4
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment825 €20% down payment · 20 yrs · 3%
Expected rent676 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 149 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 € below the typical price (the median) for floors of house in Galata (12 properties) — 1,148 €/m² against 1,398 €/m².
With 20% down over 20 years the monthly mortgage payment is about 825 €, against an expected local rent of 676 €. The rent covers 82% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 6,000 €. It has been listed for 85 days.
Amenities
- With Parking
- Internet Connection
- Tax Credit Option
Details
- Category
- Residential
- Furnishing
- Yes
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
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At market level
median 1,398 €/m² for comparable properties
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Rent covers ~ 77% of the payment
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Rent covers ~ 449% of the payment
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