Sale

Garage in Sofia, Reduta

SofiaReduta
Published: 7 April 2026 Updated: 30 September 2026
Sale42,999 €1,869 €/m²
Expected rent169 € /mo

~11,500 € BELOW MARKET

good value

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

Area
23 m²

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment191 €20% down payment · 20 yrs · 3%
Expected rent169 €at market conditions for the neighbourhood

The rent covers 89% of the payment — you top up about 22 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 11,500 € below the typical price (the median) for garages/parking in Reduta (9 properties) — 1,869 €/m² against 2,368 €/m².

With 20% down over 20 years the monthly mortgage payment is about 191 €, against an expected local rent of 169 €. The rent covers 89% of it.

Source: Market statistics for garages/parking in Reduta

Details

Category
Commercial

Approximate location

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

Similar properties nearby

−28% below market

median 2,368 €/m² for comparable properties

79,000 € 1,717 €/m²
  • 46m²
  • 0/6fl.
  • 2offers

Rent covers ~ 48% of the payment

~ 169 €/mo rent · you top up ~ 182 €/mo

At market level

median 2,368 €/m² for comparable properties

45,000 € 2,368 €/m²
  • 19m²
  • 0/5fl.

Rent covers ~ 85% of the payment

~ 169 €/mo rent · you top up ~ 31 €/mo

At market level

median 2,368 €/m² for comparable properties

43,000 € 2,263 €/m²
  • 19m²

Rent covers ~ 89% of the payment

~ 169 €/mo rent · you top up ~ 22 €/mo

−53% below market

median 2,368 €/m² for comparable properties

20,000 € 1,111 €/m²
  • 18m²

Rent covers ~ 190% of the payment

~ 169 €/mo rent · pays for itself in ~ 10 yrs