Sale

Garage/Parking in Varna, Centyr

VarnaCentyr
Published: 3 April 2026 Updated: 30 September 2026
Sale26,000 €962 €/m²
Expected rent156 € /mo

~33,500 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
27 m²
Floor
0 / 6

Yield analysis

Good investment rating

7.2% / yr
Monthly payment115 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 135% 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▼ 3.7% · 1,000 €
  1. 27,000 €21 June 2026Initial price
  2. 26,000 €▼ 1,000 € (3.7%) 22 June 2026Price reducedCurrent

Property analysis

This garage/Parking is priced about 33,500 € below the typical price (the median) for garages/parking in Centyr (42 properties) — 962 €/m² against 2,207 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 115 €, against an expected local rent of 156 €. The rent covers the whole payment (135%).

The asking price has fallen by 1,000 € (3.7%) 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

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