Sale

Garage in Varna, Pogrebi

VarnaPogrebi
Published: 8 September 2026 Updated: 8 September 2026
Sale40,000 €1,904 €/m²
Expected rent128 € /mo

~7,000 € ABOVE MARKET

overpriced

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

Area
21 m²
Floor
0 / 6

Yield analysis

Low investment rating

3.8% / yr
Monthly payment177 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood

The rent covers 72% of the payment — you top up about 49 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 7,000 € above the typical price (the median) for garages/parking in Pogrebi (29 properties) — 1,904 €/m² against 1,571 €/m².

With 20% down over 20 years the monthly mortgage payment is about 177 €, against an expected local rent of 128 €. The rent covers 72% of it.

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