~12,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (439 properties)
Yield analysis
Fair investment rating
The rent covers 83% of the payment — you top up about 26 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 about 12,000 € above the typical price (the median) for garages/parking in Varna (439 properties) — 2,333 €/m² against 1,533 €/m².
With 20% down over 20 years the monthly mortgage payment is about 155 €, against an expected local rent of 129 €. The rent covers 83% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.