Sale−20% below market

Garage/Parking in Varna, Chaika

VarnaChaika
Published: 1 March 2026 Updated: 17 September 2026
Sale32,000 €1,454 €/m²
Expected rent164 € /mo
Area
22 m²

Yield analysis

Good investment rating

6.2% / yr
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood

The rent covers 116% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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▼ 8.3% · 2,900 €
  1. 34,900 €4 August 2026Initial price
  2. 34,900 €▲ 0 € (0%) 4 August 2026Price increased
  3. 32,000 €▼ 2,900 € (8.3%) 20 August 2026Price reduced
  4. 32,000 €▲ 0 € (0%) 20 August 2026Price increasedCurrent

Property analysis

This garage/Parking is priced 20% below the typical price (the median) for comparable properties — 1,454 €/m² against 1,820 €/m².

With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 164 €. The rent covers the whole payment (116%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 214 days. The asking price has fallen by 2,900 € (8.3%) since it was first listed.

Source: Market statistics for garages/parking in Chaika

Amenities

  • Automatic Door
  • Access Control
  • Electricity

Details

Category
Commercial

Approximate location

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

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