Sale+23% above market

Garage in Sofia, Centyr

SofiaCentyr
Published: 2 May 2026 Updated: 2 October 2026
Sale65,000 €3,250 €/m²
Expected rent168 € /mo
Area
20 m²

Yield analysis

Low investment rating

3.1% / yr
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent168 €at market conditions for the neighbourhood

The rent covers 58% of the payment — you top up about 120 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 23% above the typical price (the median) for comparable properties — 2,826 €/m² against 2,304 €/m².

With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 168 €. The rent covers 58% of it.

Source: Market statistics for garages/parking in Centyr

Details

Category
Commercial

Location

Similar properties nearby

+17% above market

median 2,304 €/m² for comparable properties

35,000 € 2,692 €/m²
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Rent covers ~ 108% of the payment

~ 168 €/mo rent · pays for itself in ~ 17 yrs

−9% below market

median 2,304 €/m² for comparable properties

40,000 € 2,105 €/m²
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Rent covers ~ 95% of the payment

~ 168 €/mo rent · you top up ~ 9 €/mo

At market level

median 2,304 €/m² for comparable properties

30,000 € 2,142 €/m²
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Rent covers ~ 126% of the payment

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median 2,304 €/m² for comparable properties

51,900 € 3,052 €/m²
  • 17m²

Rent covers ~ 73% of the payment

~ 168 €/mo rent · you top up ~ 62 €/mo