Sale−27% below market

Garage in Burgas, Izgrev

BurgasIzgrev
Published: 2 May 2026 Updated: 2 May 2026
Sale32,500 €1,048 €/m²
Expected rent110 € /mo
Area
31 m²

Yield analysis

Fair investment rating

4.1% / yr
Monthly payment144 €20% down payment · 20 yrs · 3%
Expected rent110 €at market conditions for the neighbourhood

The rent covers 76% of the payment — you top up about 34 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This garage/Parking is priced 27% below the typical price (the median) for comparable properties — 1,048 €/m² against 1,444 €/m².

With 20% down over 20 years the monthly mortgage payment is about 144 €, against an expected local rent of 110 €. The rent covers 76% of it.

Source: Market statistics for garages/parking in Izgrev

Details

Category
Commercial

Approximate location

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

Similar properties nearby

At market level

median 1,444 €/m² for comparable properties

26,000 € 1,444 €/m²
  • 18m²

Rent covers ~ 95% of the payment

~ 110 €/mo rent · you top up ~ 5 €/mo