Sale

Garage in Varna, Vladislav Varnenchik 1

VarnaVladislav Varnenchik 1
Published: 7 February 2025 Updated: 7 February 2025
Sale21,000 €954 €/m²
Expected rent129 € /mo

AT MARKET LEVEL

fairly priced

against the median for garages/parking in Vladislav Varnenchik 1 (25 properties)

Area
22 m²

Yield analysis

Good investment rating

7.4% / yr
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent129 €at market conditions for the neighbourhood

The rent covers 138% 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 Vladislav Varnenchik 1 (25 properties) — 954 €/m² against 933 €/m².

With 20% down over 20 years the monthly mortgage payment is about 93 €, against an expected local rent of 129 €. The rent covers the whole payment (138%).

Source: Market statistics for garages/parking in Vladislav Varnenchik 1

Details

Category
Commercial

Approximate location

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

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