Sale

Parking Spot in Varna, Cveten Kvartal

VarnaCveten Kvartal
Published: 9 January 2026 Updated: 31 August 2026
Sale14,000 €1,272 €/m²
Expected rent130 € /mo

~5,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Cveten Kvartal (10 properties)

Area
11 m²
Floor
1 / 1

Yield analysis

Strong investment rating

11.1% / yr
Monthly payment62 €20% down payment · 20 yrs · 3%
Expected rent130 €at market conditions for the neighbourhood

The rent covers 209% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 € above the typical price (the median) for garages/parking in Cveten Kvartal (10 properties) — 1,272 €/m² against 761 €/m².

With 20% down over 20 years the monthly mortgage payment is about 62 €, against an expected local rent of 130 €. The rent covers the whole payment (209%).

Source: Market statistics for garages/parking in Cveten Kvartal

Amenities

  • Access Control
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

Similar properties nearby