+17% above market
median 1,674 €/m² for comparable properties
400,000 € 1,951 €/m²
Rent covers ~ 168% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 11 yrs
Sale280,000 €1,772 €/m²
Expected rent2,988 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Galata (28 properties)
Area
158 m²
Land Area
220 m²
Construction
Brick
Year
2028
Yield analysis
Strong investment rating
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent2,988 €at market conditions for the neighbourhood
The rent covers 241% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced at the typical price (the median) for houses in Galata (28 properties) — 1,772 €/m² against 1,674 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 2,988 €. The rent covers the whole payment (241%).
Amenities
- With Parking
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
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
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median 1,674 €/m² for comparable properties
629,000 € 1,655 €/m²
Rent covers ~ 107% of the payment
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At market level
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380,000 € 1,674 €/m²
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At market level
median 1,674 €/m² for comparable properties
380,000 € 1,674 €/m²
Rent covers ~ 177% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 11 yrs