Sale

Parking Spot in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 8 August 2026 Updated: 16 September 2026
Sale75,000 €6,250 €/m²
Expected rent156 € /mo

~47,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Grycka Mahala (10 properties)

Area
12 m²

Yield analysis

Low investment rating

2.5% / yr
Monthly payment333 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 47% of the payment — you top up about 177 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 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 47,500 € above the typical price (the median) for garages/parking in Grycka Mahala (10 properties) — 6,250 €/m² against 2,281 €/m².

With 20% down over 20 years the monthly mortgage payment is about 333 €, against an expected local rent of 156 €. The rent covers 47% of it.

Source: Market statistics for garages/parking in Grycka Mahala

Amenities

  • Automatic Door
  • Electricity
  • Lit

Details

Category
Commercial

Location

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