At market level
median 1,200 €/m² for comparable properties
23,000 € 1,277 €/m²
Rent covers ~ 109% of the payment
~ 111 €/mo rent · pays for itself in ~ 17 yrs
Sale11,000 €500 €/m²
Expected rent111 € /mo
~15,500 € BELOW MARKET
far below market
against the median for garages/parking in Ruse (178 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
22 m²
Yield analysis
Strong investment rating
Monthly payment49 €20% down payment · 20 yrs · 3%
Expected rent111 €at market conditions for the neighbourhood
The rent covers 227% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 15,500 € below the typical price (the median) for garages/parking in Ruse (178 properties) — 500 €/m² against 1,200 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 49 €, against an expected local rent of 111 €. The rent covers the whole payment (227%).
Amenities
- Access Control
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.