Sale−20% below market

Garage/Parking in Sofia, Obelya 1

SofiaObelya 1
Published: 4 March 2026 Updated: 8 September 2026
Sale14,000 €1,000 €/m²
Expected rent157 € /mo
Area
14 m²
Floor
0 / 5

Yield analysis

Strong investment rating

13.5% / yr
Monthly payment62 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood

The rent covers 253% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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▲ 8.5% · 1,100 €
  1. 12,900 €4 March 2026Initial price
  2. 14,000 €▲ 1,100 € (8.5%) 8 September 2026Price increasedCurrent

Property analysis

This garage/Parking is priced 20% below the typical price (the median) for comparable properties — 1,000 €/m² against 1,250 €/m².

With 20% down over 20 years the monthly mortgage payment is about 62 €, against an expected local rent of 157 €. The rent covers the whole payment (253%).

The asking price has risen by 1,100 € (8.5%) since it was first listed.

Source: Market statistics for garages/parking in Obelya 1

Amenities

  • Access Control

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+49% above market

median 1,250 €/m² for comparable properties

28,000 € 1,866 €/m²
  • 15m²

Rent covers ~ 126% of the payment

~ 157 €/mo rent · pays for itself in ~ 15 yrs