Sale

Parking Spot in Sofia, Drujba 1

SofiaDrujba 1
Published: 1 January 2026 Updated: 4 September 2026
Sale12,000 €800 €/m²
Expected rent98 € /mo

~15,000 € BELOW MARKET

far below market

against the median for garages/parking in Drujba 1 (8 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
15 m²

Yield analysis

Strong investment rating

9.8% / yr
Monthly payment53 €20% down payment · 20 yrs · 3%
Expected rent98 €at market conditions for the neighbourhood

The rent covers 184% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 15,000 € below the typical price (the median) for garages/parking in Drujba 1 (8 properties) — 800 €/m² against 1,795 €/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 53 €, against an expected local rent of 98 €. The rent covers the whole payment (184%).

Source: Market statistics for garages/parking in Drujba 1

Details

Category
Commercial

Location

Similar properties nearby

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