Sale

Parking Spot in Varna, Cveten Kvartal

VarnaCveten Kvartal
Published: 6 June 2026 Updated: 10 September 2026
Sale20,500 €585 €/m²
Expected rent130 € /mo

~6,000 € BELOW MARKET

good value

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

Area
35 m²

Yield analysis

Good investment rating

7.6% / yr
Monthly payment91 €20% down payment · 20 yrs · 3%
Expected rent130 €at market conditions for the neighbourhood

The rent covers 143% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 6,000 € below the typical price (the median) for garages/parking in Cveten Kvartal (10 properties) — 585 €/m² against 761 €/m².

With 20% down over 20 years the monthly mortgage payment is about 91 €, against an expected local rent of 130 €. The rent covers the whole payment (143%).

Source: Market statistics for garages/parking in Cveten Kvartal

Amenities

  • Access Control

Details

Category
Commercial

Approximate location

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

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