Sale

Garage in Sofia, Centyr

SofiaCentyr
Published: 7 July 2026 Updated: 6 September 2026
Sale20,000 €1,666 €/m²
Expected rent164 € /mo

~7,500 € BELOW MARKET

good value

against the median for garages/parking in Centyr (45 properties)

Area
12 m²
Floor
0 / 1

Yield analysis

Strong investment rating

9.8% / yr
Monthly payment89 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 185% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 about 7,500 € below the typical price (the median) for garages/parking in Centyr (45 properties) — 1,666 €/m² against 2,274 €/m².

With 20% down over 20 years the monthly mortgage payment is about 89 €, against an expected local rent of 164 €. The rent covers the whole payment (185%).

Source: Market statistics for garages/parking in Centyr

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 2,274 €/m² for comparable properties

40,000 € 2,105 €/m²
  • 19m²

Rent covers ~ 92% of the payment

~ 164 €/mo rent · you top up ~ 13 €/mo

At market level

median 2,274 €/m² for comparable properties

30,000 € 2,142 €/m²
  • 14m²

Rent covers ~ 123% of the payment

~ 164 €/mo rent · pays for itself in ~ 15 yrs

+34% above market

median 2,274 €/m² for comparable properties

51,900 € 3,052 €/m²
  • 17m²

Rent covers ~ 71% of the payment

~ 164 €/mo rent · you top up ~ 66 €/mo