+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.
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%).
Amenities
- With Parking
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
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
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
+54% above market
median 1,674 €/m² for comparable properties
463,000 € 2,572 €/m²
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
280,000 € 1,772 €/m²
Rent covers ~ 241% of the payment
~ 2,988 €/mo rent · pays for itself in ~ 8 yrs