+22% above market
median 1,527 €/m² for comparable properties
26,000 € 1,857 €/m²
Rent covers ~ 111% of the payment
~ 128 €/mo rent · pays for itself in ~ 17 yrs
Sale31,900 €2,658 €/m²
Expected rent128 € /mo
~13,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Varna (442 properties)
Area
12 m²
Yield analysis
Fair investment rating
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 14 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 13,500 € above the typical price (the median) for garages/parking in Varna (442 properties) — 2,658 €/m² against 1,527 €/m².
With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 128 €. The rent covers 90% of it.
Amenities
- Automatic Door
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+28% above market
median 1,527 €/m² for comparable properties
25,500 € 1,961 €/m²
Rent covers ~ 113% of the payment
~ 128 €/mo rent · pays for itself in ~ 17 yrs
+11% above market
median 1,527 €/m² for comparable properties
25,500 € 1,700 €/m²
Rent covers ~ 113% of the payment
~ 128 €/mo rent · pays for itself in ~ 17 yrs