Sale

Garage in Pernik, Iztok

PernikIztok
Published: 9 May 2025 Updated: 6 February 2026
Sale31,000 €1,550 €/m²
Expected rent85 € /mo

~11,000 € ABOVE MARKET

overpriced

against the median for garages/parking in Iztok (9 properties)

Area
20 m²
Heating
Gas

Yield analysis

Low investment rating

3.3% / yr
Monthly payment138 €20% down payment · 20 yrs · 3%
Expected rent85 €at market conditions for the neighbourhood

The rent covers 62% of the payment — you top up about 53 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▲ 47.6% · 10,000 €
  1. 21,000 €9 May 2025Initial price
  2. 31,000 €▲ 10,000 € (47.6%) 6 February 2026Price increasedCurrent

Property analysis

This garage/Parking is priced about 11,000 € above the typical price (the median) for garages/parking in Iztok (9 properties) — 1,550 €/m² against 1,000 €/m².

With 20% down over 20 years the monthly mortgage payment is about 138 €, against an expected local rent of 85 €. The rent covers 62% of it.

The asking price has risen by 10,000 € (47.6%) since it was first listed.

Source: Market statistics for garages/parking in Iztok

Amenities

  • Automatic Door
  • Access Control
  • 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

+36% above market

median 1,000 €/m² for comparable properties

30,000 € 1,363 €/m²
  • 22m²
  • 0/5fl.

Rent covers ~ 64% of the payment

~ 85 €/mo rent · you top up ~ 48 €/mo

−10% below market

median 1,000 €/m² for comparable properties

18,000 € 900 €/m²
  • 20m²

Rent covers ~ 106% of the payment

~ 85 €/mo rent · pays for itself in ~ 18 yrs