Sale−10% below market

Garage in Sofia, Borovo

SofiaBorovo

Published: 10 October 2025 Updated: 8 September 2026

Sale47,000 €2,473 €/m²

Expected rent177 € /mo

Area

19 m²

Yield analysis

Fair investment rating

4.5% / yr

Monthly payment209 €20% down payment · 20 yrs · 3%

Expected rent177 €at market conditions for the neighbourhood

The rent covers 85% of the payment — you top up about 32 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 21.7% · 13,000 €

60,000 €29 January 2026Initial price
62,000 €▲ 2,000 € (3.3%) 4 April 2026Price increased
47,000 €▼ 15,000 € (24.2%) 8 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced 10% below the typical price (the median) for comparable properties — 2,473 €/m² against 2,737 €/m².

With 20% down over 20 years the monthly mortgage payment is about 209 €, against an expected local rent of 177 €. The rent covers 85% of it.

The asking price has fallen by 13,000 € (21.7%) since it was first listed.

Source: Market statistics for garages/parking in Borovo