Sale+24% above market

Garage in Shumen, Dobrudjanski

ShumenDobrudjanski
Published: 8 July 2026 Updated: 6 September 2026
Sale21,500 €1,433 €/m²
Expected rent114 € /mo
Area
15 m²

Yield analysis

Good investment rating

6.4% / yr
Monthly payment95 €20% down payment · 20 yrs · 3%
Expected rent114 €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 24% above the typical price (the median) for comparable properties — 1,653 €/m² against 1,336 €/m².

With 20% down over 20 years the monthly mortgage payment is about 95 €, against an expected local rent of 114 €. The rent covers the whole payment (120%).

Source: Market statistics for garages/parking in Dobrudjanski

Details

Category
Commercial

Location

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