Sale+11% above market

Garage in Burgas, Izgrev

BurgasIzgrev
Published: 9 October 2025 Updated: 15 July 2026
Sale40,000 €1,600 €/m²
Expected rent110 € /mo
Area
25 m²
Floor
0 / 9

Yield analysis

Low investment rating

3.3% / yr
Monthly payment177 €20% down payment · 20 yrs · 3%
Expected rent110 €at market conditions for the neighbourhood

The rent covers 62% of the payment — you top up about 67 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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▲ 14.3% · 5,000 €
  1. 35,000 €9 March 2026Initial price
  2. 40,000 €▲ 5,000 € (14.3%) 10 June 2026Price increasedCurrent

Property analysis

This garage/Parking is priced 11% above the typical price (the median) for comparable properties — 1,600 €/m² against 1,444 €/m².

With 20% down over 20 years the monthly mortgage payment is about 177 €, against an expected local rent of 110 €. The rent covers 62% of it.

The asking price has risen by 5,000 € (14.3%) since it was first listed.

Source: Market statistics for garages/parking in Izgrev

Amenities

  • Automatic Door
  • Elevator
  • Water
  • Access Control
  • Security
  • Electricity
  • EV Charging Station
  • Lit

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

At market level

median 1,444 €/m² for comparable properties

26,000 € 1,444 €/m²
  • 18m²

Rent covers ~ 95% of the payment

~ 110 €/mo rent · you top up ~ 5 €/mo