~5,500 € BELOW MARKET
good value
against the median for garages/parking in Varna (440 properties)
Yield analysis
Strong investment rating
The rent covers 201% 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.
Price history
1 change since listing▲ 9% · 1,200 €
- 13,300 €
- 14,500 €▲ 1,200 € (9%)
Property analysis
This garage/Parking is priced about 5,500 € below the typical price (the median) for garages/parking in Varna (440 properties) — 1,115 €/m² against 1,536 €/m².
With 20% down over 20 years the monthly mortgage payment is about 64 €, against an expected local rent of 129 €. The rent covers the whole payment (201%).
The asking price has risen by 1,200 € (9%) since it was first listed.
Amenities
- Access Control
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.