+39% above market
median 1,532 €/m² for comparable properties
34,000 € 2,125 €/m²
Rent covers ~ 85% of the payment
~ 128 €/mo rent · you top up ~ 23 €/mo
Sale65,000 €3,421 €/m²
Expected rent128 € /mo
~36,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (440 properties)
Area
19 m²
Floor
0 / 6
Yield analysis
Low investment rating
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 44% of the payment — you top up about 160 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 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 36,000 € above the typical price (the median) for garages/parking in Varna (440 properties) — 3,421 €/m² against 1,532 €/m².
With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 128 €. The rent covers 44% of it.
Amenities
- Water
- Separate Electricity Meter
- 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
+128% above market
median 1,532 €/m² for comparable properties
56,000 € 3,500 €/m²
Rent covers ~ 52% of the payment
~ 128 €/mo rent · you top up ~ 120 €/mo
+41% above market
median 1,532 €/m² for comparable properties
39,000 € 2,166 €/m²
Rent covers ~ 74% of the payment
~ 128 €/mo rent · you top up ~ 45 €/mo