SaleAt market level

Parking Spot in Varna, Vinica

VarnaVinica
Published: 2 January 2026 Updated: 1 September 2026
Sale16,000 €
Expected rent119 € /mo
Area
1,000,000 m²

Yield analysis

Strong investment rating

8.9% / yr
Monthly payment71 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood

The rent covers 168% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 at the typical price (the median) for comparable properties — 0 €/m² against 0 €/m².

With 20% down over 20 years the monthly mortgage payment is about 71 €, against an expected local rent of 119 €. The rent covers the whole payment (168%).

Source: Market statistics for garages/Parking in Varna

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+38% above market

median 1,116 €/m² for comparable properties

20,000 € 1,538 €/m²
  • 13m²

Rent covers ~ 134% of the payment

~ 119 €/mo rent · pays for itself in ~ 14 yrs

+24% above market

median 1,116 €/m² for comparable properties

18,000 € 1,384 €/m²
  • 13m²

Rent covers ~ 149% of the payment

~ 119 €/mo rent · pays for itself in ~ 13 yrs

−16% below market

median 1,116 €/m² for comparable properties

11,200 € 933 €/m²
  • 12m²

Rent covers ~ 239% of the payment

~ 119 €/mo rent · pays for itself in ~ 8 yrs

At market level

median 1,116 €/m² for comparable properties

13,000 € 1,083 €/m²
  • 12m²
  • 0/5fl.

Rent covers ~ 206% of the payment

~ 119 €/mo rent · pays for itself in ~ 9 yrs

+14% above market

median 1,116 €/m² for comparable properties

23,000 € 1,277 €/m²
  • 18m²

Rent covers ~ 117% of the payment

~ 119 €/mo rent · pays for itself in ~ 16 yrs

+14% above market

median 1,116 €/m² for comparable properties

16,500 € 1,269 €/m²
  • 13m²
  • 0/4fl.

Rent covers ~ 163% of the payment

~ 119 €/mo rent · pays for itself in ~ 12 yrs

+72% above market

median 1,116 €/m² for comparable properties

25,000 € 1,923 €/m²
  • 13m²
  • 0/1fl.

Rent covers ~ 107% of the payment

~ 119 €/mo rent · pays for itself in ~ 18 yrs