Sale

Garage in Pleven, Shirok Centyr

PlevenShirok Centyr
Published: 7 September 2024 Updated: 7 September 2024
Sale45,000 €1,184 €/m²
Expected rent100 € /mo

~12,000 € BELOW MARKET

good value

against the median for garages/parking in Shirok Centyr (43 properties)

Area
38 m²
Floor
0 / 4

Yield analysis

Low investment rating

2.7% / yr
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent100 €at market conditions for the neighbourhood

The rent covers 50% of the payment — you top up about 100 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 12,000 € below the typical price (the median) for garages/parking in Shirok Centyr (43 properties) — 1,184 €/m² against 1,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 100 €. The rent covers 50% of it.

Source: Market statistics for garages/parking in Shirok Centyr

Amenities

  • Automatic Door
  • Water
  • 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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