Sale−53% below market

Parking Spot in Sofia, Belite Brezi

SofiaBelite Brezi
Published: 1 January 2026 Updated: 2 September 2026
Sale46,000 €1,840 €/m²
Expected rent226 € /mo
Area
25 m²
Floor
0 / 1

Yield analysis

Fair investment rating

5.9% / yr
Monthly payment204 €20% down payment · 20 yrs · 3%
Expected rent226 €at market conditions for the neighbourhood

The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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▲ 2.2% · 1,000 €
  1. 45,000 €1 March 2026Initial price
  2. 46,000 €▲ 1,000 € (2.2%) 3 March 2026Price increased
  3. 46,000 €▲ 0 € (0%) 2 September 2026Price increasedCurrent

Property analysis

This garage/Parking is priced 53% below the typical price (the median) for comparable properties — 1,150 €/m² against 2,421 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 204 €, against an expected local rent of 226 €. The rent covers the whole payment (111%).

The asking price has risen by 1,000 € (2.2%) since it was first listed.

Source: Market statistics for garages/parking in Belite Brezi

Amenities

  • Automatic Door
  • Water
  • Access Control
  • Security
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

Similar properties nearby