Sale

Garage/Parking in Varna, Grycka Mahala

VarnaGrycka Mahala
Published: 20 March 2026 Updated: 8 August 2026
Sale44,900 €2,806 €/m²
Expected rent156 € /mo

~8,500 € ABOVE MARKET

overpriced

against the median for garages/parking in Grycka Mahala (10 properties)

Area
16 m²

Yield analysis

Fair investment rating

4.2% / yr
Monthly payment199 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood

The rent covers 78% of the payment — you top up about 43 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 about 8,500 € above the typical price (the median) for garages/parking in Grycka Mahala (10 properties) — 2,806 €/m² against 2,281 €/m².

With 20% down over 20 years the monthly mortgage payment is about 199 €, against an expected local rent of 156 €. The rent covers 78% of it.

Source: Market statistics for garages/parking in Grycka Mahala

Amenities

  • Water
  • Separate Electricity Meter
  • Electricity
  • Lit

Details

Category
Commercial

Approximate location

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

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