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
Sale400,000 €1,951 €/m²
Expected rent2,988 € /mo
~57,000 € ABOVE MARKET
above market
against the median for houses in Galata (28 properties)
Area
205 m²
Land Area
405 m²
Construction
Brick
Year
2027
Yield analysis
Strong investment rating
Monthly payment1,775 €20% down payment · 20 yrs · 3%
Expected rent2,988 €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.
Property analysis
This house is priced about 57,000 € above the typical price (the median) for houses in Galata (28 properties) — 1,951 €/m² against 1,674 €/m².
House in the city of Varna, Galata district, part of the boutique complex TUIDA Residences with a total area of 205 sq m and a private yard.
The layout includes two levels, with a spacious living room with kitchen, veranda, and utility rooms on the first floor, and four bedrooms on the second floor, providing ample personal space.
The construction is brick from 2027, using quality materials such as Schüco aluminum frames with triple glazing and ceramic facade, ensuring energy efficiency and durability.
The complex offers gated territory, private plot, and two parking spaces, located close to Galata beach, Borisova Garden park, and daily amenities.
The property is suitable for family living with a balance between natural environment and urban conveniences.
With 20% down over 20 years the monthly mortgage payment is about 1,775 €, against an expected local rent of 2,988 €. The rent covers the whole payment (168%).
Pros and cons
AI summaryPros
- functional layout
- private yard
- two parking spaces
- quality materials
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Bathrooms
- 1
Location
Similar properties nearby
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
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median 1,674 €/m² for comparable properties
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Rent covers ~ 85% of the payment
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−48% below market
median 1,674 €/m² for comparable properties
739,000 € 864 €/m²
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
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
Rent covers ~ 241% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 8 yrs