+177% above market
median 1,000 €/m² for comparable properties
36,000 € 2,769 €/m²
Rent covers ~ 75% of the payment
~ 120 €/mo rent · you top up ~ 40 €/mo
Sale33,000 €1,000 €/m²
Expected rent120 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Burgas (94 properties)
Area
33 m²
Yield analysis
Fair investment rating
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent120 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 26 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 20.9% · 8,700 €
- 41,700 €
- 39,000 €▼ 2,700 € (6.5%)
- 33,000 €▼ 6,000 € (15.4%)
Property analysis
This garage/Parking is priced at the typical price (the median) for garages/parking in Burgas (94 properties) — 1,000 €/m² against 1,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 120 €. The rent covers 82% of it.
The asking price has fallen by 8,700 € (20.9%) since it was first listed.
Amenities
- Access Control
- Electricity
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.