SaleAt market level

Garage in Burgas, Izgrev

BurgasIzgrev
Published: 5 February 2025 Updated: 1 April 2026
Sale26,000 €1,444 €/m²
Expected rent110 € /mo
Area
18 m²

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment115 €20% down payment · 20 yrs · 3%
Expected rent110 €at market conditions for the neighbourhood

The rent covers 95% of the payment — you top up about 5 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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▲ 4% · 1,000 €
  1. 25,000 €5 February 2025Initial price
  2. 26,000 €▲ 1,000 € (4%) 1 April 2026Price increasedCurrent

Property analysis

This garage/Parking is priced at the typical price (the median) for comparable properties — 1,444 €/m² against 1,444 €/m².

With 20% down over 20 years the monthly mortgage payment is about 115 €, against an expected local rent of 110 €. The rent covers 95% of it.

The asking price has risen by 1,000 € (4%) since it was first listed.

Source: Market statistics for garages/parking in Izgrev

Amenities

  • Automatic Door
  • Access Control
  • Electricity

Details

Category
Commercial

Approximate location

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

Similar properties nearby

−27% below market

median 1,444 €/m² for comparable properties

32,500 € 1,048 €/m²
  • 31m²

Rent covers ~ 76% of the payment

~ 110 €/mo rent · you top up ~ 34 €/mo