Sale

Parking Spot in Varna, Levski 1

VarnaLevski 1
Published: 11 March 2026 Updated: 1 October 2026
Sale23,980 €631 €/m²
Expected rent105 € /mo

~33,000 € BELOW MARKET

far below market

against the median for garages/parking in Levski 1 (10 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
38 m²

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment106 €20% down payment · 20 yrs · 3%
Expected rent105 €at market conditions for the neighbourhood

The rent covers 99% of the payment — you top up about 1 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▲ 9% · 1,980 €
  1. 22,000 €24 March 2026Initial price
  2. 23,990 €▲ 1,990 € (9%) 30 March 2026Price increased
  3. 23,980 €▼ 10 € (0%) 8 June 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 33,000 € below the typical price (the median) for garages/parking in Levski 1 (10 properties) — 631 €/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 106 €, against an expected local rent of 105 €. The rent covers 99% of it.

The asking price has risen by 1,980 € (9%) since it was first listed.

Source: Market statistics for garages/parking in Levski 1

Amenities

  • Automatic Door
  • Elevator

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