Sale+34% above market

Garage in Sofia, Borovo

SofiaBorovo

Published: 20 August 2026 Updated: 9 September 2026

Sale99,000 €3,666 €/m²

Expected rent177 € /mo

Area

27 m²

Yield analysis

Low investment rating

2.1% / yr

Monthly payment439 €20% down payment · 20 yrs · 3%

Expected rent177 €at market conditions for the neighbourhood

The rent covers 40% of the payment — you top up about 262 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 47 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▼ 4.5% · 5,000 €

110,000 €26 August 2026Initial price
99,000 €▼ 11,000 € (10%) 9 September 2026Price reduced
105,000 €▲ 6,000 € (6.1%) 9 September 2026Price increasedCurrent

Property analysis

This garage/Parking is priced 34% above the typical price (the median) for comparable properties — 3,666 €/m² against 2,737 €/m².

With 20% down over 20 years the monthly mortgage payment is about 439 €, against an expected local rent of 177 €. The rent covers 40% of it.

The asking price has fallen by 5,000 € (4.5%) since it was first listed.

Source: Market statistics for garages/parking in Borovo