+39% above market
median 1,527 €/m² for comparable properties
34,000 € 2,125 €/m²
Rent covers ~ 85% of the payment
~ 128 €/mo rent · you top up ~ 23 €/mo
Sale39,000 €2,166 €/m²
Expected rent128 € /mo
~11,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (442 properties)
Area
18 m²
Yield analysis
Low investment rating
Monthly payment173 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 45 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 11,500 € above the typical price (the median) for garages/parking in Varna (442 properties) — 2,166 €/m² against 1,527 €/m².
With 20% down over 20 years the monthly mortgage payment is about 173 €, against an expected local rent of 128 €. The rent covers 74% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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