+123% above market
median 1,532 €/m² for comparable properties
65,000 € 3,421 €/m²
Rent covers ~ 44% of the payment
~ 128 €/mo rent · you top up ~ 160 €/mo
Sale56,000 €3,500 €/m²
Expected rent128 € /mo
~31,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (440 properties)
Area
16 m²
Yield analysis
Low investment rating
Monthly payment248 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 52% of the payment — you top up about 120 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 31,500 € above the typical price (the median) for garages/parking in Varna (440 properties) — 3,500 €/m² against 1,532 €/m².
With 20% down over 20 years the monthly mortgage payment is about 248 €, against an expected local rent of 128 €. The rent covers 52% of it.
Amenities
- Automatic Door
- Access Control
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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median 1,532 €/m² for comparable properties
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Rent covers ~ 85% of the payment
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median 1,532 €/m² for comparable properties
39,000 € 2,166 €/m²
Rent covers ~ 74% of the payment
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