Sale

Garage in Sofia, Iztok

SofiaIztok
Published: 5 February 2026 Updated: 4 September 2026
Sale69,000 €2,653 €/m²
Expected rent154 € /mo

~37,500 € ABOVE MARKET

overpriced

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

Area
26 m²

Yield analysis

Low investment rating

2.7% / yr
Monthly payment306 €20% down payment · 20 yrs · 3%
Expected rent154 €at market conditions for the neighbourhood

The rent covers 50% of the payment — you top up about 152 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 37 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 18.8% · 16,000 €
  1. 85,000 €5 February 2026Initial price
  2. 79,000 €▼ 6,000 € (7.1%) 9 June 2026Price reduced
  3. 69,000 €▼ 10,000 € (12.7%) 2 August 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 37,500 € above the typical price (the median) for garages/parking in Iztok (9 properties) — 2,653 €/m² against 1,211 €/m².

With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 154 €. The rent covers 50% of it.

The asking price has fallen by 16,000 € (18.8%) since it was first listed.

Source: Market statistics for garages/parking in Iztok

Amenities

  • Water
  • Access Control
  • Separate Electricity Meter
  • Electricity

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+189% above market

median 1,211 €/m² for comparable properties

63,000 € 3,500 €/m²
  • 18m²

Rent covers ~ 55% of the payment

~ 154 €/mo rent · you top up ~ 126 €/mo

+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