Sale−14% below market

Parking Spot in Varna, Chaika

VarnaChaika
Published: 3 September 2026 Updated: 3 September 2026
Sale22,000 €1,571 €/m²
Expected rent164 € /mo
Area
14 m²
Floor
0 / 6

Yield analysis

Strong investment rating

8.9% / yr
Monthly payment98 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 168% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 14% below the typical price (the median) for comparable properties — 1,571 €/m² against 1,820 €/m².

With 20% down over 20 years the monthly mortgage payment is about 98 €, against an expected local rent of 164 €. The rent covers the whole payment (168%).

Source: Market statistics for garages/parking in Chaika

Amenities

  • Elevator

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+16% above market

median 1,820 €/m² for comparable properties

95,000 € 2,111 €/m²
  • 45m²

Rent covers ~ 39% of the payment

~ 164 €/mo rent · you top up ~ 257 €/mo

−20% below market

median 1,820 €/m² for comparable properties

32,000 € 1,454 €/m²
  • 22m²
  • 2offers

Rent covers ~ 116% of the payment

~ 164 €/mo rent · pays for itself in ~ 16 yrs

+14% above market

median 1,820 €/m² for comparable properties

60,000 € 2,068 €/m²
  • 29m²

Rent covers ~ 62% of the payment

~ 164 €/mo rent · you top up ~ 102 €/mo

−35% below market

median 1,820 €/m² for comparable properties

40,000 € 1,176 €/m²
  • 34m²

Rent covers ~ 92% of the payment

~ 164 €/mo rent · you top up ~ 13 €/mo