−11% below market
median 1,536 €/m² for comparable properties
16,500 € 1,375 €/m²
Rent covers ~ 178% of the payment
~ 130 €/mo rent · pays for itself in ~ 11 yrs
Sale14,900 €1,064 €/m²
Expected rent130 € /mo
~6,500 € BELOW MARKET
good value
against the median for garages/parking in Varna (438 properties)
Area
14 m²
Floor
0 / 4
Yield analysis
Strong investment rating
Monthly payment66 €20% down payment · 20 yrs · 3%
Expected rent130 €at market conditions for the neighbourhood
The rent covers 197% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 6,500 € below the typical price (the median) for garages/parking in Varna (438 properties) — 1,064 €/m² against 1,536 €/m².
With 20% down over 20 years the monthly mortgage payment is about 66 €, against an expected local rent of 130 €. The rent covers the whole payment (197%).
Amenities
- Automatic Door
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.