Sale

Parking Spot in Kyrdjali, Vyzrojdenci

KyrdjaliVyzrojdenci
Published: 2 October 2024 Updated: 2 October 2024
Sale14,571 €364 €/m²
Expected rent62 € /mo

~15,500 € BELOW MARKET

far below market

against the median for garages/parking in Vyzrojdenci (51 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
40 m²

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment65 €20% down payment · 20 yrs · 3%
Expected rent62 €at market conditions for the neighbourhood

The rent covers 96% of the payment — you top up about 3 €/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.

Property analysis

This garage/Parking is priced about 15,500 € below the typical price (the median) for garages/parking in Vyzrojdenci (51 properties) — 364 €/m² against 750 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 65 €, against an expected local rent of 62 €. The rent covers 96% of it.

Source: Market statistics for garages/parking in Vyzrojdenci

Amenities

  • Electricity

Details

Category
Commercial

Approximate location

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

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