At market level
median 1,250 €/m² for comparable properties
25,000 € 1,250 €/m²
Rent covers ~ 108% of the payment
~ 120 €/mo rent · pays for itself in ~ 17 yrs
Sale40,500 €1,687 €/m²
Expected rent120 € /mo
~10,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Hristo Smirnenski (47 properties)
Area
24 m²
Floor
0 / 5
Yield analysis
Low investment rating
Monthly payment180 €20% down payment · 20 yrs · 3%
Expected rent120 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 60 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 10,500 € above the typical price (the median) for garages/parking in Hristo Smirnenski (47 properties) — 1,687 €/m² against 1,250 €/m².
With 20% down over 20 years the monthly mortgage payment is about 180 €, against an expected local rent of 120 €. The rent covers 67% of it.
Source: Market statistics for garages/parking in Hristo Smirnenski
Amenities
- Separate Electricity Meter
- 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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