Sale+38% above market

Parking Spot in Varna, Izgrev

VarnaIzgrev
Published: 5 January 2026 Updated: 5 September 2026
Sale29,500 €1,966 €/m²
Expected rent95 € /mo
Area
15 m²

Yield analysis

Low investment rating

3.9% / yr
Monthly payment131 €20% down payment · 20 yrs · 3%
Expected rent95 €at market conditions for the neighbourhood

The rent covers 73% of the payment — you top up about 36 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 38% above the typical price (the median) for comparable properties — 1,966 €/m² against 1,425 €/m².

With 20% down over 20 years the monthly mortgage payment is about 131 €, against an expected local rent of 95 €. The rent covers 73% of it.

Source: Market statistics for garages/parking in Izgrev

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+29% above market

median 1,425 €/m² for comparable properties

27,500 € 1,833 €/m²
  • 15m²
  • 0/4fl.

Rent covers ~ 78% of the payment

~ 95 €/mo rent · you top up ~ 27 €/mo