Sale

Garage/Parking in Varna, Centyr

VarnaCentyr
Published: 1 April 2026 Updated: 4 September 2026
Sale25,000 €2,272 €/m²
Expected rent154 € /mo

AT MARKET LEVEL

fairly priced

against the median for garages/parking in Centyr (42 properties)

Area
11 m²
Floor
0 / 5

Yield analysis

Good investment rating

7.4% / yr
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent154 €at market conditions for the neighbourhood

The rent covers 139% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 24.2% · 8,000 €
  1. 33,000 €1 April 2026Initial price
  2. 25,000 €▼ 8,000 € (24.2%) 19 May 2026Price reducedCurrent

Property analysis

This garage/Parking is priced at the typical price (the median) for garages/parking in Centyr (42 properties) — 2,272 €/m² against 2,207 €/m².

With 20% down over 20 years the monthly mortgage payment is about 111 €, against an expected local rent of 154 €. The rent covers the whole payment (139%).

The asking price has fallen by 8,000 € (24.2%) since it was first listed.

Source: Market statistics for garages/parking in Centyr

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+14% above market

median 2,207 €/m² for comparable properties

47,900 € 2,521 €/m²
  • 19m²

Rent covers ~ 72% of the payment

~ 154 €/mo rent · you top up ~ 59 €/mo

+15% above market

median 2,207 €/m² for comparable properties

30,500 € 2,541 €/m²
  • 12m²

Rent covers ~ 114% of the payment

~ 154 €/mo rent · pays for itself in ~ 17 yrs

−56% below market

median 2,207 €/m² for comparable properties

26,000 € 962 €/m²
  • 27m²
  • 0/6fl.

Rent covers ~ 133% of the payment

~ 154 €/mo rent · pays for itself in ~ 14 yrs

−17% below market

median 2,207 €/m² for comparable properties

46,000 € 1,840 €/m²
  • 25m²
  • 0/1fl.

Rent covers ~ 75% of the payment

~ 154 €/mo rent · you top up ~ 50 €/mo

+39% above market

median 2,207 €/m² for comparable properties

40,000 € 3,076 €/m²
  • 13m²
  • 0/6fl.

Rent covers ~ 87% of the payment

~ 154 €/mo rent · you top up ~ 23 €/mo