Sale

Garage in Varna, Levski 1

VarnaLevski 1
Published: 2 October 2026 Updated: 2 October 2026
Sale45,000 €2,500 €/m²
Expected rent105 € /mo

~18,000 € ABOVE MARKET

overpriced

against the median for garages/parking in Levski 1 (11 properties)

Area
18 m²

Yield analysis

Low investment rating

2.8% / yr
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent105 €at market conditions for the neighbourhood

The rent covers 53% of the payment — you top up about 95 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 18,000 € above the typical price (the median) for garages/parking in Levski 1 (11 properties) — 2,500 €/m² against 1,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 105 €. The rent covers 53% of it.

Source: Market statistics for garages/parking in Levski 1

Amenities

  • Access Control
  • Electricity
  • Lit

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

−13% below market

median 1,500 €/m² for comparable properties

17,000 € 1,307 €/m²
  • 13m²

Rent covers ~ 139% of the payment

~ 105 €/mo rent · pays for itself in ~ 13 yrs