Sale

Garage in Sofia, Krystova Vada

SofiaKrystova Vada
Published: 5 July 2026 Updated: 2 September 2026
Sale70,000 €1,272 €/m²
Expected rent137 € /mo

~54,000 € BELOW MARKET

far below market

against the median for garages/parking in Krystova Vada (29 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
55 m²

Yield analysis

Low investment rating

2.3% / yr
Monthly payment311 €20% down payment · 20 yrs · 3%
Expected rent137 €at market conditions for the neighbourhood

The rent covers 44% of the payment — you top up about 174 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 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▼ 12.5% · 10,000 €
  1. 80,000 €5 July 2026Initial price
  2. 70,000 €▼ 10,000 € (12.5%) 2 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 54,000 € below the typical price (the median) for garages/parking in Krystova Vada (29 properties) — 1,272 €/m² against 2,250 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 311 €, against an expected local rent of 137 €. The rent covers 44% of it.

The asking price has fallen by 10,000 € (12.5%) since it was first listed.

Source: Market statistics for garages/parking in Krystova Vada

Details

Category
Commercial

Approximate location

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

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