At market level
median 1,250 €/m² for comparable properties
25,000 € 1,250 €/m²
Rent covers ~ 110% of the payment
~ 122 €/mo rent · pays for itself in ~ 17 yrs
Sale35,999 €1,565 €/m²
Expected rent122 € /mo
~7,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Hristo Smirnenski (48 properties)
Area
23 m²
Floor
0 / 5
Yield analysis
Fair investment rating
Monthly payment160 €20% down payment · 20 yrs · 3%
Expected rent122 €at market conditions for the neighbourhood
The rent covers 76% of the payment — you top up about 38 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 7,000 € above the typical price (the median) for garages/parking in Hristo Smirnenski (48 properties) — 1,565 €/m² against 1,250 €/m².
With 20% down over 20 years the monthly mortgage payment is about 160 €, against an expected local rent of 122 €. The rent covers 76% of it.
Source: Market statistics for garages/parking in Hristo Smirnenski
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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