+73% above market
median 1,536 €/m² for comparable properties
31,900 € 2,658 €/m²
Rent covers ~ 91% of the payment
~ 129 €/mo rent · you top up ~ 13 €/mo
Sale26,000 €1,857 €/m²
Expected rent129 € /mo
~4,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (440 properties)
Area
14 m²
Yield analysis
Fair investment rating
Monthly payment115 €20% down payment · 20 yrs · 3%
Expected rent129 €at market conditions for the neighbourhood
The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 4,500 € above the typical price (the median) for garages/parking in Varna (440 properties) — 1,857 €/m² against 1,536 €/m².
With 20% down over 20 years the monthly mortgage payment is about 115 €, against an expected local rent of 129 €. The rent covers the whole payment (112%).
Amenities
- Automatic Door
- Access Control
- Electricity
- EV Charging Station
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+28% above market
median 1,536 €/m² for comparable properties
25,500 € 1,961 €/m²
Rent covers ~ 114% of the payment
~ 129 €/mo rent · pays for itself in ~ 16 yrs
+11% above market
median 1,536 €/m² for comparable properties
25,500 € 1,700 €/m²
Rent covers ~ 114% of the payment
~ 129 €/mo rent · pays for itself in ~ 16 yrs