+14% above market
median 1,216 €/m² for comparable properties
29,143 € 1,387 €/m²
Rent covers ~ 91% of the payment
~ 118 €/mo rent · you top up ~ 11 €/mo
Sale29,143 €1,387 €/m²
Expected rent118 € /mo
~3,500 € ABOVE MARKET
above market
against the median for garages/parking in Shumen (64 properties)
Area
21 m²
Floor
0 / 1
Yield analysis
Fair investment rating
Monthly payment129 €20% down payment · 20 yrs · 3%
Expected rent118 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 11 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 3,500 € above the typical price (the median) for garages/parking in Shumen (64 properties) — 1,387 €/m² against 1,216 €/m².
With 20% down over 20 years the monthly mortgage payment is about 129 €, against an expected local rent of 118 €. The rent covers 91% of it.
Amenities
- Water
- Electricity
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.