Sale+16% above market

Garage in Varna, Chaika

VarnaChaika
Published: 3 June 2026 Updated: 30 September 2026
Sale95,000 €2,111 €/m²
Expected rent164 € /mo
Area
45 m²

Yield analysis

Low investment rating

2.1% / yr
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 39% of the payment — you top up about 257 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 48 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 16% above the typical price (the median) for comparable properties — 2,111 €/m² against 1,820 €/m².

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 164 €. The rent covers 39% 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.

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