Sale+19% above market

Garage in Varna, Chaika

VarnaChaika
Published: 9 May 2026 Updated: 4 September 2026
Sale38,900 €2,161 €/m²
Expected rent164 € /mo
Area
18 m²

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment173 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 95% of the payment — you top up about 9 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 13.6% · 6,100 €
  1. 45,000 €9 May 2026Initial price
  2. 41,500 €▼ 3,500 € (7.8%) 2 June 2026Price reduced
  3. 39,900 €▼ 1,600 € (3.9%) 5 August 2026Price reduced
  4. 38,900 €▼ 1,000 € (2.5%) 4 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced 19% above the typical price (the median) for comparable properties — 2,161 €/m² against 1,820 €/m².

With 20% down over 20 years the monthly mortgage payment is about 173 €, against an expected local rent of 164 €. The rent covers 95% of it.

The asking price has fallen by 6,100 € (13.6%) since it was first listed.

Source: Market statistics for garages/parking in Chaika

Amenities

  • Automatic Door
  • Elevator
  • Access Control

Details

Category
Commercial

Approximate location

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

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