Sale+20% above market

Garage in Sofia, Lozenec

SofiaLozenec
Published: 8 September 2026 Updated: 8 September 2026
Sale65,000 €1,756 €/m²
Expected rent164 € /mo
Area
37 m²
Floor
1 / 4
Heating
Local Heating

Yield analysis

Low investment rating

3% / yr
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 57% of the payment — you top up about 124 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 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▼ 13.3% · 10,000 €
  1. 75,000 €19 September 2026Initial price
  2. 65,000 €▼ 10,000 € (13.3%) 21 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced 20% above the typical price (the median) for comparable properties — 3,611 €/m² against 3,000 €/m².

With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 164 €. The rent covers 57% of it.

The asking price has fallen by 10,000 € (13.3%) since it was first listed.

Source: Market statistics for garages/parking in Lozenec

Details

Category
Commercial

Approximate location

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

Similar properties nearby

−14% below market

median 3,000 €/m² for comparable properties

57,000 € 2,590 €/m²
  • 22m²
  • 0/5fl.

Rent covers ~ 65% of the payment

~ 164 €/mo rent · you top up ~ 89 €/mo

+65% above market

median 3,000 €/m² for comparable properties

109,000 € 4,954 €/m²
  • 22m²
  • 0/1fl.

Rent covers ~ 34% of the payment

~ 164 €/mo rent · you top up ~ 320 €/mo

At market level

median 3,000 €/m² for comparable properties

120,000 € 3,000 €/m²
  • 40m²

Rent covers ~ 31% of the payment

~ 164 €/mo rent · you top up ~ 368 €/mo

At market level

median 3,000 €/m² for comparable properties

85,000 € 3,269 €/m²
  • 26m²

Rent covers ~ 43% of the payment

~ 164 €/mo rent · you top up ~ 213 €/mo

−26% below market

median 3,000 €/m² for comparable properties

29,000 € 2,230 €/m²
  • 13m²

Rent covers ~ 127% of the payment

~ 164 €/mo rent · pays for itself in ~ 15 yrs