Sale

Garage in Sofia, Geo Milev

SofiaGeo Milev
Published: 1 August 2026 Updated: 1 August 2026
Sale71,900 €4,493 €/m²
Expected rent205 € /mo

~16,000 € ABOVE MARKET

overpriced

against the median for garages/parking in Geo Milev (11 properties)

Area
16 m²
Floor
0 / 6

Yield analysis

Low investment rating

3.4% / yr
Monthly payment319 €20% down payment · 20 yrs · 3%
Expected rent205 €at market conditions for the neighbourhood

The rent covers 64% of the payment — you top up about 114 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 16,000 € above the typical price (the median) for garages/parking in Geo Milev (11 properties) — 4,493 €/m² against 3,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 319 €, against an expected local rent of 205 €. The rent covers 64% of it.

Source: Market statistics for garages/parking in Geo Milev

Amenities

  • Water
  • Separate Electricity Meter
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+24% above market

median 3,500 €/m² for comparable properties

117,000 € 4,333 €/m²
  • 27m²
  • 0/6fl.

Rent covers ~ 39% of the payment

~ 205 €/mo rent · you top up ~ 314 €/mo

+23% above market

median 3,500 €/m² for comparable properties

69,000 € 4,312 €/m²
  • 16m²
  • 0/1fl.

Rent covers ~ 67% of the payment

~ 205 €/mo rent · you top up ~ 101 €/mo

At market level

median 3,500 €/m² for comparable properties

72,000 € 3,428 €/m²
  • 21m²
  • 0/5fl.

Rent covers ~ 64% of the payment

~ 205 €/mo rent · you top up ~ 114 €/mo

At market level

median 3,500 €/m² for comparable properties

105,000 € 3,500 €/m²
  • 30m²
  • 0/5fl.

Rent covers ~ 44% of the payment

~ 205 €/mo rent · you top up ~ 261 €/mo