Sale

Garage in Sofia, Geo Milev

SofiaGeo Milev
Published: 25 January 2026 Updated: 25 August 2026
Sale69,000 €3,000 €/m²
Expected rent203 € /mo

~11,500 € BELOW MARKET

good value

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

Area
23 m²

Yield analysis

Low investment rating

3.5% / yr
Monthly payment306 €20% down payment · 20 yrs · 3%
Expected rent203 €at market conditions for the neighbourhood

The rent covers 66% of the payment — you top up about 103 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 11,500 € below the typical price (the median) for garages/parking in Geo Milev (11 properties) — 3,000 €/m² against 3,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 203 €. The rent covers 66% of it.

Source: Market statistics for garages/parking in Geo Milev

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