Sale

House in Varna, Galata

VarnaGalata
Published: 4 June 2026 Updated: 8 September 2026
Sale463,000 €2,572 €/m²
Expected rent1,748 € /mo

~161,500 € ABOVE MARKET

overpriced

against the median for houses in Galata (27 properties)

Area
180 m²
Land Area
400 m²
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment2,054 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood

The rent covers 85% of the payment — you top up about 306 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 about 161,500 € above the typical price (the median) for houses in Galata (27 properties) — 2,572 €/m² against 1,674 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,054 €, against an expected local rent of 1,748 €. The rent covers 85% of it.

This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 119 days.

Source: Market statistics for houses in Galata

Amenities

  • With Parking
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
4

Approximate location

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

Similar properties nearby

−25% below market

median 1,512 €/m² for comparable properties

749,998 € 1,136 €/m²
  • 660m²
  • 0/0fl.

Rent covers ~ 53% of the payment

~ 1,748 €/mo rent · you top up ~ 1,580 €/mo

−48% below market

median 1,674 €/m² for comparable properties

739,000 € 864 €/m²
  • 855m²

Rent covers ~ 91% of the payment

~ 2,988 €/mo rent · you top up ~ 291 €/mo

At market level

median 1,674 €/m² for comparable properties

380,000 € 1,674 €/m²
  • 227m²

Rent covers ~ 177% of the payment

~ 2,988 €/mo rent · pays for itself in ~ 11 yrs

At market level

median 1,674 €/m² for comparable properties

280,000 € 1,772 €/m²
  • 158m²

Rent covers ~ 241% of the payment

~ 2,988 €/mo rent · pays for itself in ~ 8 yrs