Sale

Garage in Varna, Vladislav Varnenchik 1

VarnaVladislav Varnenchik 1
Published: 9 July 2025 Updated: 9 July 2025
Sale18,000 €720 €/m²
Expected rent129 € /mo

~5,500 € BELOW MARKET

good value

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

Area
25 m²

Yield analysis

Strong investment rating

8.6% / yr
Monthly payment80 €20% down payment · 20 yrs · 3%
Expected rent129 €at market conditions for the neighbourhood

The rent covers 162% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 5,500 € below the typical price (the median) for garages/parking in Vladislav Varnenchik 1 (25 properties) — 720 €/m² against 933 €/m².

With 20% down over 20 years the monthly mortgage payment is about 80 €, against an expected local rent of 129 €. The rent covers the whole payment (162%).

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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