Sale

Garage in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 6 September 2026 Updated: 6 September 2026
Sale27,500 €1,447 €/m²
Expected rent156 € /mo

~16,000 € BELOW MARKET

good value

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

Area
19 m²
Heating
Local Heating

Yield analysis

Good investment rating

6.8% / yr
Monthly payment122 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 128% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 16,000 € below the typical price (the median) for garages/parking in Grycka Mahala (10 properties) — 1,447 €/m² against 2,281 €/m².

With 20% down over 20 years the monthly mortgage payment is about 122 €, against an expected local rent of 156 €. The rent covers the whole payment (128%).

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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