+53% above market
median 1,527 €/m² for comparable properties
82,000 € 2,342 €/m²
Rent covers ~ 35% of the payment
~ 128 €/mo rent · you top up ~ 236 €/mo
Sale126,000 €3,000 €/m²
Expected rent128 € /mo
~62,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (442 properties)
Area
42 m²
Floor
0 / 4
Yield analysis
Low investment rating
Monthly payment559 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 23% of the payment — you top up about 431 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 82 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 62,000 € above the typical price (the median) for garages/parking in Varna (442 properties) — 3,000 €/m² against 1,527 €/m².
With 20% down over 20 years the monthly mortgage payment is about 559 €, against an expected local rent of 128 €. The rent covers 23% of it.
Amenities
- Automatic Door
- Electricity
- Lit
- Separate Electricity Meter
Details
- Category
- Commercial
Location
Similar properties nearby
+111% above market
median 1,527 €/m² for comparable properties
45,000 € 3,214 €/m²
Rent covers ~ 64% of the payment
~ 128 €/mo rent · you top up ~ 72 €/mo