Sale

Garage in Pleven, Drujba 1

PlevenDrujba 1
Published: 2 February 2025 Updated: 2 February 2025
Sale21,700 €1,142 €/m²
Expected rent115 € /mo

AT MARKET LEVEL

fairly priced

against the median for garages/parking in Drujba 1 (16 properties)

Area
19 m²
Floor
0 / 1

Yield analysis

Good investment rating

6.4% / yr
Monthly payment96 €20% down payment · 20 yrs · 3%
Expected rent115 €at market conditions for the neighbourhood

The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for garages/parking in Drujba 1 (16 properties) — 1,142 €/m² against 1,121 €/m².

With 20% down over 20 years the monthly mortgage payment is about 96 €, against an expected local rent of 115 €. The rent covers the whole payment (119%).

Source: Market statistics for garages/parking in Drujba 1

Amenities

  • Automatic Door
  • Water

Details

Category
Commercial

Approximate location

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

Similar properties nearby

+67% above market

median 1,121 €/m² for comparable properties

30,000 € 1,875 €/m²
  • 16m²
  • 0/1fl.

Rent covers ~ 86% of the payment

~ 115 €/mo rent · you top up ~ 18 €/mo