Sale

Garage in Varna, Kolhozen Pazar

VarnaKolhozen Pazar
Published: 1 October 2025 Updated: 1 October 2025
Sale52,000 €3,466 €/m²
Expected rent137 € /mo

~28,000 € ABOVE MARKET

overpriced

against the median for garages/parking in Kolhozen Pazar (37 properties)

Area
15 m²

Yield analysis

Low investment rating

3.2% / yr
Monthly payment231 €20% down payment · 20 yrs · 3%
Expected rent137 €at market conditions for the neighbourhood

The rent covers 59% of the payment — you top up about 94 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 28,000 € above the typical price (the median) for garages/parking in Kolhozen Pazar (37 properties) — 3,466 €/m² against 1,607 €/m².

With 20% down over 20 years the monthly mortgage payment is about 231 €, against an expected local rent of 137 €. The rent covers 59% of it.

Source: Market statistics for garages/parking in Kolhozen Pazar

Details

Category
Commercial

Approximate location

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

Similar properties nearby