Sale

Garage in Sofia, Iztok

SofiaIztok
Published: 3 July 2026 Updated: 8 September 2026
Sale63,000 €3,500 €/m²
Expected rent154 € /mo

~41,000 € ABOVE MARKET

overpriced

against the median for garages/parking in Iztok (9 properties)

Area
18 m²
Heating
Gas

Yield analysis

Low investment rating

2.9% / yr
Monthly payment280 €20% down payment · 20 yrs · 3%
Expected rent154 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 126 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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▲ 6.8% · 4,000 €
  1. 59,000 €3 July 2026Initial price
  2. 63,000 €▲ 4,000 € (6.8%) 20 July 2026Price increasedCurrent

Property analysis

This garage/Parking is priced about 41,000 € above the typical price (the median) for garages/parking in Iztok (9 properties) — 3,500 €/m² against 1,211 €/m².

With 20% down over 20 years the monthly mortgage payment is about 280 €, against an expected local rent of 154 €. The rent covers 55% of it.

The asking price has risen by 4,000 € (6.8%) since it was first listed.

Source: Market statistics for garages/parking in Iztok

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+121% above market

median 1,211 €/m² for comparable properties

75,000 € 2,678 €/m²
  • 28m²

Rent covers ~ 46% of the payment

~ 154 €/mo rent · you top up ~ 179 €/mo

At market level

median 1,211 €/m² for comparable properties

25,000 € 1,000 €/m²
  • 25m²

Rent covers ~ 139% of the payment

~ 154 €/mo rent · pays for itself in ~ 14 yrs

At market level

median 1,211 €/m² for comparable properties

23,400 € 1,170 €/m²
  • 20m²

Rent covers ~ 148% of the payment

~ 154 €/mo rent · pays for itself in ~ 13 yrs

At market level

median 1,211 €/m² for comparable properties

30,100 € 1,204 €/m²
  • 25m²

Rent covers ~ 115% of the payment

~ 154 €/mo rent · pays for itself in ~ 16 yrs

At market level

median 1,211 €/m² for comparable properties

36,200 € 1,206 €/m²
  • 30m²

Rent covers ~ 96% of the payment

~ 154 €/mo rent · you top up ~ 7 €/mo

At market level

median 1,211 €/m² for comparable properties

27,850 € 1,210 €/m²
  • 23m²

Rent covers ~ 125% of the payment

~ 154 €/mo rent · pays for itself in ~ 15 yrs