Sale

Garage in Sofia, Geo Milev

SofiaGeo Milev
Published: 23 April 2026 Updated: 13 July 2026
Sale96,000 €4,571 €/m²
Expected rent203 € /mo

~22,500 € ABOVE MARKET

overpriced

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

Area
21 m²
Heating
District Heating

Yield analysis

Low investment rating

2.5% / yr
Monthly payment426 €20% down payment · 20 yrs · 3%
Expected rent203 €at market conditions for the neighbourhood

The rent covers 48% of the payment — you top up about 223 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 39 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 22,500 € above the typical price (the median) for garages/parking in Geo Milev (11 properties) — 4,571 €/m² against 3,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 426 €, against an expected local rent of 203 €. The rent covers 48% of it.

Source: Market statistics for garages/parking in Geo Milev

Amenities

  • Electricity
  • Water

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+20% above market

median 3,500 €/m² for comparable properties

113,500 € 4,203 €/m²
  • 27m²
  • 0/6fl.

Rent covers ~ 40% of the payment

~ 203 €/mo rent · you top up ~ 301 €/mo

+23% above market

median 3,500 €/m² for comparable properties

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

Rent covers ~ 66% of the payment

~ 203 €/mo rent · you top up ~ 103 €/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

~ 203 €/mo rent · you top up ~ 116 €/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

~ 203 €/mo rent · you top up ~ 263 €/mo