Sale

Parking Spot in Sofia, Ovcha Kupel 1

SofiaOvcha Kupel 1
Published: 3 October 2025 Updated: 9 September 2026
Sale25,000 €1,041 €/m²
Expected rent119 € /mo

~17,000 € BELOW MARKET

far below market

against the median for garages/parking in Ovcha Kupel 1 (14 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
24 m²
Floor
0 / 5
Heating
Gas

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood

The rent covers 107% 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 17,000 € below the typical price (the median) for garages/parking in Ovcha Kupel 1 (14 properties) — 1,041 €/m² against 1,750 €/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 111 €, against an expected local rent of 119 €. The rent covers the whole payment (107%).

Source: Market statistics for garages/parking in Ovcha Kupel 1

Details

Category
Commercial

Location

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