Sale

Garage in Varna, Levski 1

VarnaLevski 1
Published: 5 February 2026 Updated: 24 September 2026
Sale54,000 €1,500 €/m²
Expected rent105 € /mo

AT MARKET LEVEL

fairly priced

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

Area
36 m²
Floor
0 / 1

Yield analysis

Low investment rating

2.3% / yr
Monthly payment240 €20% down payment · 20 yrs · 3%
Expected rent105 €at market conditions for the neighbourhood

The rent covers 44% of the payment — you top up about 135 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 21.2% · 14,500 €
  1. 68,500 €5 February 2026Initial price
  2. 59,900 €▼ 8,600 € (12.6%) 20 May 2026Price reduced
  3. 57,500 €▼ 2,400 € (4%) 17 June 2026Price reduced
  4. 54,000 €▼ 3,500 € (6.1%) 23 July 2026Price reducedCurrent

Property analysis

This garage/Parking is priced at the typical price (the median) for garages/parking in Levski 1 (10 properties) — 1,500 €/m² against 1,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 240 €, against an expected local rent of 105 €. The rent covers 44% of it.

The asking price has fallen by 14,500 € (21.2%) since it was first listed.

Source: Market statistics for garages/parking in Levski 1

Details

Category
Commercial

Approximate location

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

Similar properties nearby

−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