Sale

Parking Spot in Sofia, Ovcha Kupel 2

SofiaOvcha Kupel 2
Published: 22 June 2026 Updated: 1 July 2026
Sale47,000 €559 €/m²
Expected rent123 € /mo

~38,000 € BELOW MARKET

far below market

against the median for garages/parking in Ovcha Kupel 2 (24 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
84 m²

Yield analysis

Low investment rating

3.1% / yr
Monthly payment209 €20% down payment · 20 yrs · 3%
Expected rent123 €at market conditions for the neighbourhood

The rent covers 59% of the payment — you top up about 86 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 4.1% · 2,000 €
  1. 49,000 €22 June 2026Initial price
  2. 47,000 €▼ 2,000 € (4.1%) 1 July 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 38,000 € below the typical price (the median) for garages/parking in Ovcha Kupel 2 (24 properties) — 559 €/m² against 1,010 €/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 209 €, against an expected local rent of 123 €. The rent covers 59% of it.

The asking price has fallen by 2,000 € (4.1%) since it was first listed.

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

Amenities

  • Automatic Door
  • Access Control
  • Security
  • Lit

Details

Category
Commercial

Approximate location

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

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