Sale+14% above market

Garage in Varna, Chaika

VarnaChaika
Published: 7 August 2026 Updated: 4 September 2026
Sale60,000 €2,068 €/m²
Expected rent164 € /mo
Area
29 m²

Yield analysis

Low investment rating

3.3% / yr
Monthly payment266 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 62% of the payment — you top up about 102 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 14% above the typical price (the median) for comparable properties — 2,068 €/m² against 1,820 €/m².

With 20% down over 20 years the monthly mortgage payment is about 266 €, against an expected local rent of 164 €. The rent covers 62% of it.

Source: Market statistics for garages/parking in Chaika

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+16% above market

median 1,820 €/m² for comparable properties

95,000 € 2,111 €/m²
  • 45m²

Rent covers ~ 39% of the payment

~ 164 €/mo rent · you top up ~ 257 €/mo

−20% below market

median 1,820 €/m² for comparable properties

32,000 € 1,454 €/m²
  • 22m²
  • 2offers

Rent covers ~ 116% of the payment

~ 164 €/mo rent · pays for itself in ~ 16 yrs

−14% below market

median 1,820 €/m² for comparable properties

22,000 € 1,571 €/m²
  • 14m²
  • 0/6fl.

Rent covers ~ 168% of the payment

~ 164 €/mo rent · pays for itself in ~ 11 yrs

−35% below market

median 1,820 €/m² for comparable properties

40,000 € 1,176 €/m²
  • 34m²

Rent covers ~ 92% of the payment

~ 164 €/mo rent · you top up ~ 13 €/mo