At market level
median 1,200 €/m² for comparable properties
20,000 € 1,111 €/m²
Rent covers ~ 125% of the payment
~ 111 €/mo rent · pays for itself in ~ 15 yrs
Sale20,900 €1,045 €/m²
Expected rent111 € /mo
~3,000 € BELOW MARKET
good value
against the median for garages/parking in Ruse (178 properties)
Area
20 m²
Floor
0 / 1
Yield analysis
Good investment rating
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent111 €at market conditions for the neighbourhood
The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 3,000 € below the typical price (the median) for garages/parking in Ruse (178 properties) — 1,045 €/m² against 1,200 €/m².
With 20% down over 20 years the monthly mortgage payment is about 93 €, against an expected local rent of 111 €. The rent covers the whole payment (120%).
Amenities
- Electricity
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+20% above market
median 1,200 €/m² for comparable properties
26,000 € 1,444 €/m²
Rent covers ~ 96% of the payment
~ 111 €/mo rent · you top up ~ 4 €/mo