Sale

Garage in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 8 January 2026 Updated: 23 September 2026
Sale55,000 €1,833 €/m²
Expected rent156 € /mo

~13,500 € BELOW MARKET

good value

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

Area
30 m²

Yield analysis

Low investment rating

3.4% / yr
Monthly payment244 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 64% of the payment — you top up about 88 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 13,500 € below the typical price (the median) for garages/parking in Grycka Mahala (10 properties) — 1,833 €/m² against 2,281 €/m².

With 20% down over 20 years the monthly mortgage payment is about 244 €, against an expected local rent of 156 €. The rent covers 64% of it.

Source: Market statistics for garages/parking in Grycka Mahala

Amenities

  • Automatic Door
  • Separate Electricity Meter
  • Electricity
  • EV Charging Station
  • Lit

Details

Category
Commercial

Approximate location

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

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