Sale

Garage in Sofia, Geo Milev

SofiaGeo Milev
Published: 18 May 2026 Updated: 24 September 2026
Sale117,000 €4,333 €/m²
Expected rent205 € /mo

~22,500 € ABOVE MARKET

overpriced

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

Area
27 m²
Floor
0 / 6
Heating
District Heating

Yield analysis

Low investment rating

2.1% / yr
Monthly payment519 €20% down payment · 20 yrs · 3%
Expected rent205 €at market conditions for the neighbourhood

The rent covers 39% of the payment — you top up about 314 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 48 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 5.8% · 7,200 €
  1. 124,200 €8 August 2026Initial price
  2. 117,000 €▼ 7,200 € (5.8%) 8 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 22,500 € above the typical price (the median) for garages/parking in Geo Milev (11 properties) — 4,333 €/m² against 3,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 205 €. The rent covers 39% of it.

The asking price has fallen by 7,200 € (5.8%) since it was first listed.

Source: Market statistics for garages/parking in Geo Milev

Amenities

  • Automatic Door
  • Water
  • Access Control
  • 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

+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