Sale−13% below market

Garage in Shumen, Boyan Bylgaranov 2

ShumenBoyan Bylgaranov 2
Published: 14 January 2026 Updated: 10 September 2026
Sale20,990 €954 €/m²
Expected rent118 € /mo
Area
22 m²

Yield analysis

Good investment rating

6.7% / yr
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent118 €at market conditions for the neighbourhood

The rent covers 127% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 10.9% · 2,560 €
  1. 23,550 €25 March 2026Initial price
  2. 22,990 €▼ 560 € (2.4%) 1 April 2026Price reduced
  3. 21,990 €▼ 1,000 € (4.3%) 1 May 2026Price reduced
  4. 20,990 €▼ 1,000 € (4.5%) 9 July 2026Price reducedCurrent

Property analysis

This garage/Parking is priced 13% below the typical price (the median) for comparable properties — 954 €/m² against 1,091 €/m².

With 20% down over 20 years the monthly mortgage payment is about 93 €, against an expected local rent of 118 €. The rent covers the whole payment (127%).

The asking price has fallen by 2,560 € (10.9%) since it was first listed.

Source: Market statistics for garages/parking in Boyan Bylgaranov 2

Amenities

  • Separate Electricity Meter
  • Electricity

Details

Category
Commercial

Location

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