Sale

Parking Spot in Varna, Asparuhovo

VarnaAsparuhovo

Published: 7 January 2026 Updated: 8 July 2026

Sale145,000 €1,169 €/m²

Expected rent84 € /mo

~101,000 € BELOW MARKET

far below market

against the median for garages/parking in Asparuhovo (26 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

124 m²

Yield analysis

Low investment rating

0.7% / yr

Monthly payment643 €20% down payment · 20 yrs · 3%

Expected rent84 €at market conditions for the neighbourhood

The rent covers 13% of the payment — you top up about 559 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 144 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 17.1% · 30,000 €

175,000 €7 January 2026Initial price
155,000 €▼ 20,000 € (11.4%) 1 March 2026Price reduced
145,000 €▼ 10,000 € (6.5%) 8 July 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 101,000 € below the typical price (the median) for garages/parking in Asparuhovo (26 properties) — 1,169 €/m² against 1,983 €/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 643 €, against an expected local rent of 84 €. The rent covers 13% of it.

The asking price has fallen by 30,000 € (17.1%) since it was first listed.

Source: Market statistics for garages/parking in Asparuhovo