Sale

Floor of House in Varna, Galata

VarnaGalata
Published: 9 December 2025 Updated: 8 September 2026
Sale110,000 €1,718 €/m²
Expected rent670 € /mo

~20,500 € ABOVE MARKET

overpriced

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

Area
64 m²
Floor
3 / 3
Construction
Brick
Year
1993

Yield analysis

Good investment rating

7.3% / yr
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent670 €at market conditions for the neighbourhood

The rent covers 137% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 20,500 € above the typical price (the median) for floors of house in Galata (12 properties) — 1,718 €/m² against 1,398 €/m².

With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 670 €. The rent covers the whole payment (137%).

Source: Market statistics for floors of house in Galata

Amenities

  • With Parking

Details

Category
Residential
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby

Floor of House in Varna, Galata
Galata, Varna
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median 1,398 €/m² for comparable properties

186,000 € 1,148 €/m²
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Rent covers ~ 81% of the payment

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Floor of House in Varna, Galata
Galata, Varna
At market level

median 1,398 €/m² for comparable properties

198,000 € 1,414 €/m²
Floor of House in Varna, Galata
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Rent covers ~ 76% of the payment

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