+22% above market
median 1,674 €/m² for comparable properties
562,000 € 2,043 €/m²
Rent covers ~ 120% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 16 yrs
Sale235,000 €1,192 €/m²
Expected rent1,748 € /mo
~125,000 € BELOW MARKET
good value
against the median for houses in Galata (39 properties)
Area
197 m²
Land Area
310 m²
Construction
Brick
Year
2026
Yield analysis
Strong investment rating
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 168% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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▼ 9.6% · 25,000 €
- 260,000 €
- 235,000 €▼ 25,000 € (9.6%)
Property analysis
This house is priced about 125,000 € below the typical price (the median) for houses in Galata (39 properties) — 1,192 €/m² against 1,828 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 1,748 €. The rent covers the whole payment (168%).
The asking price has fallen by 25,000 € (9.6%) since it was first listed.
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
+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
+47% above market
median 1,674 €/m² for comparable properties
160,000 € 2,461 €/m²
Rent covers ~ 421% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 4 yrs
At market level
median 1,674 €/m² for comparable properties
340,000 € 1,700 €/m²
Rent covers ~ 198% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 9 yrs
At market level
median 1,674 €/m² for comparable properties
629,000 € 1,655 €/m²
Rent covers ~ 107% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 18 yrs
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
+88% above market
median 1,674 €/m² for comparable properties
880,000 € 3,142 €/m²
Rent covers ~ 77% of the payment
~ 2,988 €/mo rent · you top up ~ 916 €/mo
−25% below market
median 1,512 €/m² for comparable properties
749,998 € 1,136 €/m²
Rent covers ~ 53% of the payment
~ 1,748 €/mo rent · you top up ~ 1,580 €/mo