Sale

Parking Spot in Sofia, Reduta

SofiaReduta
Published: 26 August 2026 Updated: 26 August 2026
Sale20,000 €1,111 €/m²
Expected rent157 € /mo

~22,500 € BELOW MARKET

far below market

against the median for garages/parking in Reduta (9 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
18 m²

Yield analysis

Strong investment rating

9.4% / yr
Monthly payment89 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood

The rent covers 177% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 22,500 € below the typical price (the median) for garages/parking in Reduta (9 properties) — 1,111 €/m² against 2,368 €/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 89 €, against an expected local rent of 157 €. The rent covers the whole payment (177%).

Source: Market statistics for garages/parking in Reduta

Amenities

  • Automatic Door
  • Access Control
  • Lit

Details

Category
Commercial

Approximate location

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

Similar properties nearby

−21% below market

median 2,368 €/m² for comparable properties

42,999 € 1,869 €/m²
  • 23m²

Rent covers ~ 82% of the payment

~ 157 €/mo rent · you top up ~ 34 €/mo

At market level

median 2,368 €/m² for comparable properties

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

Rent covers ~ 79% of the payment

~ 157 €/mo rent · you top up ~ 43 €/mo

At market level

median 2,368 €/m² for comparable properties

43,000 € 2,263 €/m²
  • 19m²

Rent covers ~ 82% of the payment

~ 157 €/mo rent · you top up ~ 34 €/mo

−45% below market

median 3,113 €/m² for comparable properties

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

Rent covers ~ 179% of the payment

~ 628 €/mo rent · pays for itself in ~ 10 yrs