Sale

Garage in Varna, Vinica

VarnaVinica
Published: 3 January 2026 Updated: 8 July 2026
Sale23,500 €1,382 €/m²
Expected rent119 € /mo

~4,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Vinica (35 properties)

Area
17 m²
Floor
0 / 4

Yield analysis

Good investment rating

6.1% / yr
Monthly payment104 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood

The rent covers 114% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 7.8% · 2,000 €
  1. 25,500 €6 April 2026Initial price
  2. 23,500 €▼ 2,000 € (7.8%) 8 July 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 4,500 € above the typical price (the median) for garages/parking in Vinica (35 properties) — 1,382 €/m² against 1,116 €/m².

With 20% down over 20 years the monthly mortgage payment is about 104 €, against an expected local rent of 119 €. The rent covers the whole payment (114%).

The asking price has fallen by 2,000 € (7.8%) since it was first listed.

Source: Market statistics for garages/parking in Vinica

Amenities

  • Automatic Door
  • Electricity

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+38% above market

median 1,116 €/m² for comparable properties

20,000 € 1,538 €/m²
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Rent covers ~ 134% of the payment

~ 119 €/mo rent · pays for itself in ~ 14 yrs

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median 1,116 €/m² for comparable properties

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At market level

median 1,116 €/m² for comparable properties

13,000 € 1,083 €/m²
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+14% above market

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Rent covers ~ 163% of the payment

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+72% above market

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25,000 € 1,923 €/m²
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Rent covers ~ 107% of the payment

~ 119 €/mo rent · pays for itself in ~ 18 yrs