Sale33,000 €1,320 €/m²
Expected rent114 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Shumen (65 properties)
Area
25 m²
Yield analysis
Fair investment rating
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent114 €at market conditions for the neighbourhood
The rent covers 78% of the payment — you top up about 32 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 13.2% · 5,000 €
- 38,000 €
- 33,000 €▼ 5,000 € (13.2%)
Property analysis
This garage/Parking is priced at the typical price (the median) for garages/parking in Shumen (65 properties) — 1,320 €/m² against 1,238 €/m².
With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 114 €. The rent covers 78% of it.
The asking price has fallen by 5,000 € (13.2%) since it was first listed.
Details
- Category
- Commercial