median 1,250 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 122 €/mo rent · pays for itself in ~ 17 yrs
~4,000 € BELOW MARKET
good value
against the median for garages/parking in Hristo Smirnenski (48 properties)
Strong investment rating
The rent covers 204% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 about 4,000 € below the typical price (the median) for garages/parking in Hristo Smirnenski (48 properties) — 964 €/m² against 1,250 €/m².
With 20% down over 20 years the monthly mortgage payment is about 60 €, against an expected local rent of 122 €. The rent covers the whole payment (204%).
Source: Market statistics for garages/parking in Hristo Smirnenski
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,250 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 122 €/mo rent · pays for itself in ~ 17 yrs
median 1,250 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 122 €/mo rent · you top up ~ 53 €/mo
median 1,250 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 122 €/mo rent · you top up ~ 47 €/mo
median 1,250 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 122 €/mo rent · you top up ~ 99 €/mo
median 1,250 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 122 €/mo rent · you top up ~ 18 €/mo
median 1,250 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 122 €/mo rent · you top up ~ 49 €/mo
median 1,250 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 122 €/mo rent · pays for itself in ~ 18 yrs
median 1,250 €/m² for comparable properties
Rent covers ~ 172% of the payment
~ 122 €/mo rent · pays for itself in ~ 11 yrs