Sale

Garage in Varna, Levski 1

VarnaLevski 1
Published: 9 January 2026 Updated: 3 September 2026
Sale17,000 €1,307 €/m²
Expected rent105 € /mo

~2,500 € BELOW MARKET

good value

against the median for garages/parking in Levski 1 (10 properties)

Area
13 m²

Yield analysis

Good investment rating

7.4% / yr
Monthly payment75 €20% down payment · 20 yrs · 3%
Expected rent105 €at market conditions for the neighbourhood

The rent covers 139% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 2,500 € below the typical price (the median) for garages/parking in Levski 1 (10 properties) — 1,307 €/m² against 1,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 75 €, against an expected local rent of 105 €. The rent covers the whole payment (139%).

Source: Market statistics for garages/parking in Levski 1

Amenities

  • Automatic Door
  • Access Control
  • Electricity

Details

Category
Commercial

Approximate location

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

Similar properties nearby

At market level

median 1,500 €/m² for comparable properties

54,000 € 1,500 €/m²
  • 36m²
  • 0/1fl.

Rent covers ~ 44% of the payment

~ 105 €/mo rent · you top up ~ 135 €/mo