Sale

Parking Spot in Varna, Cveten Kvartal

VarnaCveten Kvartal
Published: 3 January 2026 Updated: 3 January 2026
Sale15,000 €1,000 €/m²
Expected rent130 € /mo

~3,500 € ABOVE MARKET

overpriced

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

Area
15 m²

Yield analysis

Strong investment rating

10.4% / yr
Monthly payment67 €20% down payment · 20 yrs · 3%
Expected rent130 €at market conditions for the neighbourhood

The rent covers 195% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 3,500 € above the typical price (the median) for garages/parking in Cveten Kvartal (10 properties) — 1,000 €/m² against 761 €/m².

With 20% down over 20 years the monthly mortgage payment is about 67 €, against an expected local rent of 130 €. The rent covers the whole payment (195%).

Source: Market statistics for garages/parking in Cveten Kvartal

Details

Category
Commercial

Approximate location

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

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