Sale

Garage in Varna, Vinica

VarnaVinica
Published: 1 September 2026 Updated: 1 September 2026
Sale26,000 €590 €/m²
Expected rent119 € /mo

~23,000 € BELOW MARKET

far below market

against the median for garages/parking in Vinica (36 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
44 m²
Floor
0 / 5

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment115 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood

The rent covers 103% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 23,000 € below the typical price (the median) for garages/parking in Vinica (36 properties) — 590 €/m² against 1,116 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 115 €, against an expected local rent of 119 €. The rent covers the whole payment (103%).

Source: Market statistics for garages/parking in Vinica

Amenities

  • Elevator
  • Separate Electricity Meter
  • Electricity
  • Lit

Details

Category
Commercial

Location

Similar properties nearby

+38% above market

median 1,116 €/m² for comparable properties

20,000 € 1,538 €/m²
  • 13m²

Rent covers ~ 134% of the payment

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

+24% above market

median 1,116 €/m² for comparable properties

18,000 € 1,384 €/m²
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Rent covers ~ 149% of the payment

~ 119 €/mo rent · pays for itself in ~ 13 yrs

−16% below market

median 1,116 €/m² for comparable properties

11,200 € 933 €/m²
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Rent covers ~ 239% of the payment

~ 119 €/mo rent · pays for itself in ~ 8 yrs

At market level

median 1,116 €/m² for comparable properties

13,000 € 1,083 €/m²
  • 12m²
  • 0/5fl.

Rent covers ~ 206% of the payment

~ 119 €/mo rent · pays for itself in ~ 9 yrs

+15% above market

median 1,116 €/m² for comparable properties

23,000 € 1,277 €/m²
  • 18m²

Rent covers ~ 117% of the payment

~ 119 €/mo rent · pays for itself in ~ 16 yrs

+14% above market

median 1,116 €/m² for comparable properties

16,500 € 1,269 €/m²
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  • 0/4fl.

Rent covers ~ 163% of the payment

~ 119 €/mo rent · pays for itself in ~ 12 yrs