median 1,000 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 122 €/mo rent · you top up ~ 24 €/mo
~9,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Burgas (105 properties)
Fair investment rating
The rent covers 92% of the payment — you top up about 11 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This garage/Parking is priced about 9,000 € above the typical price (the median) for garages/parking in Burgas (105 properties) — 1,428 €/m² against 1,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 122 €. The rent covers 92% of it.
median 1,000 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 122 €/mo rent · you top up ~ 24 €/mo