Sale

Garage in Sofia, Lyulin 9

SofiaLyulin 9
Published: 9 May 2026 Updated: 30 September 2026
Sale33,000 €825 €/m²
Expected rent157 € /mo

~21,500 € BELOW MARKET

good value

against the median for garages/parking in Lyulin 9 (8 properties)

Area
40 m²

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood

The rent covers 107% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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▼ 17.5% · 7,000 €
  1. 40,000 €9 May 2026Initial price
  2. 38,000 €▼ 2,000 € (5%) 2 July 2026Price reduced
  3. 33,000 €▼ 5,000 € (13.2%) 7 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 21,500 € below the typical price (the median) for garages/parking in Lyulin 9 (8 properties) — 825 €/m² against 1,368 €/m².

With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 157 €. The rent covers the whole payment (107%).

The asking price has fallen by 7,000 € (17.5%) since it was first listed.

Source: Market statistics for garages/parking in Lyulin 9

Amenities

  • Automatic Door
  • 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

At market level

median 1,368 €/m² for comparable properties

25,000 € 1,388 €/m²
  • 18m²
  • 0/7fl.

Rent covers ~ 142% of the payment

~ 157 €/mo rent · pays for itself in ~ 13 yrs

+46% above market

median 1,368 €/m² for comparable properties

28,000 € 2,000 €/m²
  • 14m²

Rent covers ~ 126% of the payment

~ 157 €/mo rent · pays for itself in ~ 15 yrs

−27% below market

median 1,368 €/m² for comparable properties

62,999 € 1,235 €/m²
  • 51m²

Rent covers ~ 56% of the payment

~ 157 €/mo rent · you top up ~ 123 €/mo