+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
Sale380,000 €1,674 €/m²
Expected rent2,988 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Galata (28 properties)
Area
227 m²
Land Area
480 m²
Construction
Brick
Year
2028
Yield analysis
Strong investment rating
Monthly payment1,686 €20% down payment · 20 yrs · 3%
Expected rent2,988 €at market conditions for the neighbourhood
The rent covers 177% 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 at the typical price (the median) for houses in Galata (28 properties) — 1,674 €/m² against 1,674 €/m².
House with an area of 227 sq m, located in the Galata district, Varna. The property is a new-build from 2028 in a gated complex with access control and security.
The layout includes 5 rooms, of which 4 are bedrooms, 3 bathrooms with toilets and a separate toilet, providing convenience and functionality for family use. Large windows contribute to natural light and a pleasant atmosphere.
The construction is brick, focusing on modern standards for energy efficiency and reliability. The quality of materials and workmanship meets the needs of a modern home.
The location offers tranquility in a green environment near the sea, with convenient access to public transport, schools, and shops. The area is quiet and suitable for year-round living or as a holiday property.
The property is suitable for families seeking a spacious home with a functional layout close to nature and the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,686 €, against an expected local rent of 2,988 €. The rent covers the whole payment (177%).
Pros and cons
AI summaryPros
- functional layout
- new-build
- gated complex
- sea view
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- bedroom
- room
Amenities
- Access Control
- Security
- Gated Community
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
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
+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
+54% above market
median 1,674 €/m² for comparable properties
463,000 € 2,572 €/m²
Rent covers ~ 85% of the payment
~ 1,748 €/mo rent · you top up ~ 306 €/mo
−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