Sale

Garage in Varna, Cveten Kvartal

VarnaCveten Kvartal
Published: 9 February 2026 Updated: 4 September 2026
Sale225,000 €750 €/m²
Expected rent130 € /mo

AT MARKET LEVEL

fairly priced

against the median for garages/parking in Cveten Kvartal (10 properties)

Area
300 m²

Yield analysis

Low investment rating

0.7% / yr
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent130 €at market conditions for the neighbourhood

The rent covers 13% of the payment — you top up about 868 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 144 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▲ 35.5% · 59,000 €
  1. 166,000 €9 February 2026Initial price
  2. 225,000 €▲ 59,000 € (35.5%) 1 May 2026Price increasedCurrent

Property analysis

This garage/Parking is priced at the typical price (the median) for garages/parking in Cveten Kvartal (10 properties) — 750 €/m² against 761 €/m².

With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 130 €. The rent covers 13% of it.

The asking price has risen by 59,000 € (35.5%) since it was first listed.

Source: Market statistics for garages/parking in Cveten Kvartal

Amenities

  • Automatic Door
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

Similar properties nearby