Sale+29% above market

Parking Spot in Varna, Izgrev

VarnaIzgrev
Published: 13 July 2026 Updated: 2 September 2026
Sale27,500 €1,833 €/m²
Expected rent95 € /mo
Area
15 m²
Floor
0 / 4

Yield analysis

Fair investment rating

4.1% / yr
Monthly payment122 €20% down payment · 20 yrs · 3%
Expected rent95 €at market conditions for the neighbourhood

The rent covers 78% of the payment — you top up about 27 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 13.8% · 4,400 €
  1. 31,900 €14 July 2026Initial price
  2. 27,500 €▼ 4,400 € (13.8%) 2 September 2026Price reducedCurrent

Property analysis

This garage/Parking is priced 29% above the typical price (the median) for comparable properties — 1,833 €/m² against 1,425 €/m².

With 20% down over 20 years the monthly mortgage payment is about 122 €, against an expected local rent of 95 €. The rent covers 78% of it.

The asking price has fallen by 4,400 € (13.8%) since it was first listed.

Source: Market statistics for garages/parking in Izgrev

Amenities

  • Automatic Door
  • Water
  • Access Control
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

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