Sale

House in Varna, Galata

VarnaGalata
Published: 8 January 2026 Updated: 4 August 2026
Sale280,000 €1,473 €/m²
Expected rent2,988 € /mo

~38,000 € BELOW MARKET

good value

against the median for houses in Galata (28 properties)

Area
190 m²
Land Area
340 m²
Construction
Brick
Year
2026

Yield analysis

Strong investment rating

12.8% / yr
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.

Price history

1 change since listing▲ 3.7% · 10,100 €
  1. 269,900 €24 July 2026Initial price
  2. 280,000 €▲ 10,100 € (3.7%) 4 August 2026Price increasedCurrent

Property analysis

This house is priced about 38,000 € below the typical price (the median) for houses in Galata (28 properties) — 1,421 €/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%).

The asking price has risen by 10,100 € (3.7%) since it was first listed.

Source: Market statistics for houses in Galata

Amenities

  • With Parking
  • Renovated

Details

Category
Residential
Bathrooms
3

Approximate location

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

Similar properties nearby

+22% above market

median 1,674 €/m² for comparable properties

562,000 € 2,043 €/m²
  • 275m²
  • 2offers

Rent covers ~ 120% of the payment

~ 2,988 €/mo rent · pays for itself in ~ 16 yrs

At market level

median 1,674 €/m² for comparable properties

340,000 € 1,700 €/m²
  • 200m²

Rent covers ~ 198% of the payment

~ 2,988 €/mo rent · pays for itself in ~ 9 yrs

−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

+54% above market

median 1,674 €/m² for comparable properties

463,000 € 2,572 €/m²
  • 180m²
  • 2offers

Rent covers ~ 85% of the payment

~ 1,748 €/mo rent · you top up ~ 306 €/mo