−58% below market
median 1,200 €/m² for comparable properties
11,000 € 500 €/m²
Rent covers ~ 227% of the payment
~ 111 €/mo rent · pays for itself in ~ 8 yrs
Sale23,000 €1,277 €/m²
Expected rent111 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Ruse (178 properties)
Area
18 m²
Floor
1 / 1
Yield analysis
Fair investment rating
Monthly payment102 €20% down payment · 20 yrs · 3%
Expected rent111 €at market conditions for the neighbourhood
The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for garages/parking in Ruse (178 properties) — 1,277 €/m² against 1,200 €/m².
With 20% down over 20 years the monthly mortgage payment is about 102 €, against an expected local rent of 111 €. The rent covers the whole payment (109%).
Amenities
- Electricity
Details
- Category
- Commercial