Sale+49% above market

Garage in Sofia, Obelya 1

SofiaObelya 1
Published: 7 January 2026 Updated: 3 September 2026
Sale28,000 €1,866 €/m²
Expected rent157 € /mo
Area
15 m²
Heating
District Heating

Yield analysis

Good investment rating

6.7% / yr
Monthly payment124 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood

The rent covers 126% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This garage/Parking is priced 49% above the typical price (the median) for comparable properties — 1,866 €/m² against 1,250 €/m².

With 20% down over 20 years the monthly mortgage payment is about 124 €, against an expected local rent of 157 €. The rent covers the whole payment (126%).

Source: Market statistics for garages/parking in Obelya 1

Amenities

  • Access Control
  • Separate Electricity Meter
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

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