Sale

Garage in Varna, Centyr

VarnaCentyr

Published: 7 April 2026 Updated: 22 June 2026

Sale50,000 €925 €/m²

Expected rent154 € /mo

~69,000 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area

54 m²

Floor

0 / 6

Yield analysis

Low investment rating

3.7% / yr

Monthly payment222 €20% down payment · 20 yrs · 3%

Expected rent154 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 68 €/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.

Price history

1 change since listing▼ 3.8% · 2,000 €

52,000 €2 May 2026Initial price
50,000 €▼ 2,000 € (3.8%) 22 June 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 69,000 € below the typical price (the median) for garages/parking in Centyr (42 properties) — 925 €/m² against 2,207 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 154 €. The rent covers 69% of it.

The asking price has fallen by 2,000 € (3.8%) since it was first listed.

Source: Market statistics for garages/parking in Centyr