At market level
median 1,263 €/m² for comparable properties
24,000 € 1,333 €/m²
Rent covers ~ 106% of the payment
~ 113 €/mo rent · pays for itself in ~ 18 yrs
Sale32,000 €1,600 €/m²
Expected rent113 € /mo
~6,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Plovdiv (248 properties)
Area
20 m²
Floor
0 / 4
Yield analysis
Fair investment rating
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent113 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 29 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 15.8% · 6,000 €
- 38,000 €
- 32,000 €▼ 6,000 € (15.8%)
Property analysis
This garage/Parking is priced about 6,500 € above the typical price (the median) for garages/parking in Plovdiv (248 properties) — 1,600 €/m² against 1,263 €/m².
With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 113 €. The rent covers 80% of it.
The asking price has fallen by 6,000 € (15.8%) since it was first listed.
Amenities
- Automatic Door
- Water
- Access Control
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,263 €/m² for comparable properties
28,500 € 1,187 €/m²
Rent covers ~ 89% of the payment
~ 113 €/mo rent · you top up ~ 13 €/mo