Sale

Garage in Pleven, 9-Ti Kvartal

Pleven9-Ti Kvartal
Published: 2 February 2025 Updated: 2 February 2025
Sale22,000 €1,100 €/m²
Expected rent146 € /mo

~11,500 € BELOW MARKET

good value

against the median for garages/parking in 9-Ti Kvartal (17 properties)

Area
20 m²
Floor
0 / 4

Yield analysis

Good investment rating

8% / yr
Monthly payment98 €20% down payment · 20 yrs · 3%
Expected rent146 €at market conditions for the neighbourhood

The rent covers 150% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 11,500 € below the typical price (the median) for garages/parking in 9-Ti Kvartal (17 properties) — 1,100 €/m² against 1,667 €/m².

With 20% down over 20 years the monthly mortgage payment is about 98 €, against an expected local rent of 146 €. The rent covers the whole payment (150%).

Source: Market statistics for garages/parking in 9-Ti Kvartal

Details

Category
Commercial

Approximate location

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

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