+56% above market
median 1,000 €/m² for comparable properties
25,000 € 1,562 €/m²
Rent covers ~ 107% of the payment
~ 119 €/mo rent · pays for itself in ~ 18 yrs
Sale30,000 €1,500 €/m²
Expected rent119 € /mo
~10,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Burgas (93 properties)
Area
20 m²
Floor
0 / 9
Yield analysis
Fair investment rating
Monthly payment133 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood
The rent covers 89% 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 10,000 € above the typical price (the median) for garages/parking in Burgas (93 properties) — 1,500 €/m² against 1,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 119 €. The rent covers 89% of it.
Amenities
- 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.
Similar properties nearby
+13% above market
median 1,000 €/m² for comparable properties
18,000 € 1,125 €/m²
Rent covers ~ 149% of the payment
~ 119 €/mo rent · pays for itself in ~ 13 yrs