Sale

Garage in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 5 May 2026 Updated: 12 August 2026
Sale62,000 €3,875 €/m²
Expected rent156 € /mo

~25,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Grycka Mahala (10 properties)

Area
16 m²
Floor
0 / 4

Yield analysis

Low investment rating

3% / yr
Monthly payment275 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 57% of the payment — you top up about 119 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 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 25,500 € above the typical price (the median) for garages/parking in Grycka Mahala (10 properties) — 3,875 €/m² against 2,281 €/m².

With 20% down over 20 years the monthly mortgage payment is about 275 €, against an expected local rent of 156 €. The rent covers 57% of it.

Source: Market statistics for garages/parking in Grycka Mahala

Details

Category
Commercial

Approximate location

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

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