Sale

Garage in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 9 May 2026 Updated: 4 September 2026
Sale69,000 €2,300 €/m²
Expected rent156 € /mo

AT MARKET LEVEL

fairly priced

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

Area
30 m²
Floor
0 / 6

Yield analysis

Low investment rating

2.7% / yr
Monthly payment306 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 51% of the payment — you top up about 150 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 37 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▲ 6.2% · 4,000 €
  1. 65,000 €3 August 2026Initial price
  2. 69,000 €▲ 4,000 € (6.2%) 4 September 2026Price increasedCurrent

Property analysis

This garage/Parking is priced at the typical price (the median) for garages/parking in Grycka Mahala (10 properties) — 2,300 €/m² against 2,281 €/m².

With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 156 €. The rent covers 51% of it.

The asking price has risen by 4,000 € (6.2%) since it was first listed.

Source: Market statistics for garages/parking in Grycka Mahala

Amenities

  • Automatic Door
  • Water
  • Separate Electricity Meter
  • Electricity
  • Repair Pit
  • 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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