Sale

Parking Spot in Varna, Vinica

VarnaVinica
Published: 9 March 2025 Updated: 9 March 2025
Sale13,390 €1,115 €/m²
Expected rent119 € /mo

AT MARKET LEVEL

fairly priced

against the median for garages/parking in Vinica (35 properties)

Area
12 m²

Yield analysis

Strong investment rating

10.7% / yr
Monthly payment59 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood

The rent covers 200% 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.

Property analysis

This garage/Parking is priced at the typical price (the median) for garages/parking in Vinica (35 properties) — 1,115 €/m² against 1,116 €/m².

With 20% down over 20 years the monthly mortgage payment is about 59 €, against an expected local rent of 119 €. The rent covers the whole payment (200%).

Source: Market statistics for garages/parking in Vinica

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