median 1,440 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 115 €/mo rent · pays for itself in ~ 19 yrs
Low investment rating
The rent covers 72% of the payment — you top up about 45 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 at the typical price (the median) for comparable properties — 1,440 €/m² against 1,440 €/m².
With 20% down over 20 years the monthly mortgage payment is about 160 €, against an expected local rent of 115 €. The rent covers 72% of it.
Source: Market statistics for garages/parking in Mara Dencheva
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,440 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 115 €/mo rent · pays for itself in ~ 19 yrs
median 1,440 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs
median 1,440 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 115 €/mo rent · pays for itself in ~ 16 yrs
median 1,440 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 115 €/mo rent · pays for itself in ~ 14 yrs