Sale

Parking Spot in Varna, Vladislav Varnenchik 1

VarnaVladislav Varnenchik 1
Published: 12 March 2026 Updated: 9 July 2026
Sale16,500 €1,269 €/m²
Expected rent129 € /mo

~4,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Vladislav Varnenchik 1 (25 properties)

Area
13 m²

Yield analysis

Strong investment rating

9.4% / yr
Monthly payment73 €20% down payment · 20 yrs · 3%
Expected rent129 €at market conditions for the neighbourhood

The rent covers 176% 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.

Price history

3 changes since listing▼ 2.9% · 500 €
  1. 17,000 €12 March 2026Initial price
  2. 17,990 €▲ 990 € (5.8%) 2 April 2026Price increased
  3. 16,990 €▼ 1,000 € (5.6%) 2 June 2026Price reduced
  4. 16,500 €▼ 490 € (2.9%) 9 July 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 4,500 € above the typical price (the median) for garages/parking in Vladislav Varnenchik 1 (25 properties) — 1,269 €/m² against 933 €/m².

With 20% down over 20 years the monthly mortgage payment is about 73 €, against an expected local rent of 129 €. The rent covers the whole payment (176%).

The asking price has fallen by 500 € (2.9%) since it was first listed.

Source: Market statistics for garages/parking in Vladislav Varnenchik 1

Details

Category
Commercial

Approximate location

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

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