Sale

Garage in Varna, Centyr

VarnaCentyr
Published: 6 July 2026 Updated: 1 September 2026
Sale50,000 €3,125 €/m²
Expected rent156 € /mo

~14,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Centyr (42 properties)

Area
16 m²

Yield analysis

Low investment rating

3.8% / yr
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 70% of the payment — you top up about 66 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 14,500 € above the typical price (the median) for garages/parking in Centyr (42 properties) — 3,125 €/m² against 2,207 €/m².

With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 156 €. The rent covers 70% of it.

Source: Market statistics for garages/parking in Centyr

Amenities

  • Access Control
  • Repair Pit

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+14% above market

median 2,207 €/m² for comparable properties

47,900 € 2,521 €/m²
  • 19m²

Rent covers ~ 73% of the payment

~ 156 €/mo rent · you top up ~ 57 €/mo

+15% above market

median 2,207 €/m² for comparable properties

30,500 € 2,541 €/m²
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Rent covers ~ 115% of the payment

~ 156 €/mo rent · pays for itself in ~ 16 yrs

−17% below market

median 2,207 €/m² for comparable properties

46,000 € 1,840 €/m²
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Rent covers ~ 76% of the payment

~ 156 €/mo rent · you top up ~ 48 €/mo

+39% above market

median 2,207 €/m² for comparable properties

40,000 € 3,076 €/m²
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Rent covers ~ 88% of the payment

~ 156 €/mo rent · you top up ~ 21 €/mo

−83% below market

median 2,207 €/m² for comparable properties

25,000 € 378 €/m²
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Rent covers ~ 141% of the payment

~ 156 €/mo rent · pays for itself in ~ 13 yrs