Sale

Parking Spot in Varna, Levski 1

VarnaLevski 1
Published: 7 January 2026 Updated: 1 August 2026
Sale11,000 €846 €/m²
Expected rent105 € /mo

~8,500 € BELOW MARKET

far below market

against the median for garages/parking in Levski 1 (11 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
13 m²

Yield analysis

Strong investment rating

11.5% / yr
Monthly payment49 €20% down payment · 20 yrs · 3%
Expected rent105 €at market conditions for the neighbourhood

The rent covers 215% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 8,500 € below the typical price (the median) for garages/parking in Levski 1 (11 properties) — 846 €/m² against 1,500 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 49 €, against an expected local rent of 105 €. The rent covers the whole payment (215%).

Source: Market statistics for garages/parking in Levski 1

Amenities

  • Automatic Door
  • Access Control

Details

Category
Commercial

Approximate location

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

Similar properties nearby

At market level

median 1,500 €/m² for comparable properties

54,000 € 1,500 €/m²
  • 36m²
  • 0/1fl.

Rent covers ~ 44% of the payment

~ 105 €/mo rent · you top up ~ 135 €/mo

−13% below market

median 1,500 €/m² for comparable properties

17,000 € 1,307 €/m²
  • 13m²

Rent covers ~ 139% of the payment

~ 105 €/mo rent · pays for itself in ~ 13 yrs