Sale

Garage in Sofia, Ovcha Kupel 2

SofiaOvcha Kupel 2
Published: 30 September 2026 Updated: 30 September 2026
Sale27,000 €2,076 €/m²
Expected rent123 € /mo

~14,000 € ABOVE MARKET

overpriced

against the median for garages/parking in Ovcha Kupel 2 (24 properties)

Area
13 m²

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment120 €20% down payment · 20 yrs · 3%
Expected rent123 €at market conditions for the neighbourhood

The rent covers 103% 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.

Property analysis

This garage/Parking is priced about 14,000 € above the typical price (the median) for garages/parking in Ovcha Kupel 2 (24 properties) — 2,076 €/m² against 1,010 €/m².

With 20% down over 20 years the monthly mortgage payment is about 120 €, against an expected local rent of 123 €. The rent covers the whole payment (103%).

Source: Market statistics for garages/parking in Ovcha Kupel 2

Amenities

  • Automatic Door

Details

Category
Commercial

Location

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