+27% above market
median 1,536 €/m² for comparable properties
43,000 € 1,954 €/m²
Rent covers ~ 68% of the payment
~ 129 €/mo rent · you top up ~ 62 €/mo
Sale17,000 €1,416 €/m²
Expected rent129 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Varna (440 properties)
Area
12 m²
Yield analysis
Strong investment rating
Monthly payment75 €20% down payment · 20 yrs · 3%
Expected rent129 €at market conditions for the neighbourhood
The rent covers 171% 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 garages/parking in Varna (440 properties) — 1,416 €/m² against 1,536 €/m².
With 20% down over 20 years the monthly mortgage payment is about 75 €, against an expected local rent of 129 €. The rent covers the whole payment (171%).
Amenities
- Automatic Door
- Elevator
- Access Control
Details
- Category
- Commercial