Sale

Garage in Varna, Pogrebi

VarnaPogrebi
Published: 4 July 2025 Updated: 4 July 2025
Sale21,990 €1,466 €/m²
Expected rent128 € /mo

AT MARKET LEVEL

fairly priced

against the median for garages/parking in Pogrebi (29 properties)

Area
15 m²

Yield analysis

Good investment rating

7% / yr
Monthly payment98 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood

The rent covers 131% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 at the typical price (the median) for garages/parking in Pogrebi (29 properties) — 1,466 €/m² against 1,571 €/m².

With 20% down over 20 years the monthly mortgage payment is about 98 €, against an expected local rent of 128 €. The rent covers the whole payment (131%).

Source: Market statistics for garages/parking in Pogrebi

Details

Category
Commercial

Approximate location

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

Similar properties nearby

−56% below market

median 1,571 €/m² for comparable properties

25,000 € 694 €/m²
  • 36m²
  • 0/7fl.

Rent covers ~ 115% of the payment

~ 128 €/mo rent · pays for itself in ~ 16 yrs

−58% below market

median 1,571 €/m² for comparable properties

55,000 € 654 €/m²
  • 84m²

Rent covers ~ 52% of the payment

~ 128 €/mo rent · you top up ~ 116 €/mo

+21% above market

median 1,571 €/m² for comparable properties

40,000 € 1,904 €/m²
  • 21m²
  • 0/6fl.

Rent covers ~ 72% of the payment

~ 128 €/mo rent · you top up ~ 49 €/mo