Sale−38% below market

Garage in Shumen, Pazara

ShumenPazara
Published: 9 June 2025 Updated: 9 June 2025
Sale107,370 €642 €/m²
Expected rent114 € /mo
Area
167 m²

Yield analysis

Low investment rating

1.3% / yr
Monthly payment476 €20% down payment · 20 yrs · 3%
Expected rent114 €at market conditions for the neighbourhood

The rent covers 24% of the payment — you top up about 362 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 78 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 38% below the typical price (the median) for comparable properties — 642 €/m² against 1,040 €/m².

With 20% down over 20 years the monthly mortgage payment is about 476 €, against an expected local rent of 114 €. The rent covers 24% of it.

Source: Market statistics for garages/parking in Pazara

Amenities

  • Water
  • Electricity

Details

Category
Commercial

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby

+42% above market

median 1,040 €/m² for comparable properties

31,000 € 1,476 €/m²
  • 21m²

Rent covers ~ 83% of the payment

~ 114 €/mo rent · you top up ~ 24 €/mo

At market level

median 1,040 €/m² for comparable properties

26,000 € 1,040 €/m²
  • 25m²
  • 0/4fl.

Rent covers ~ 99% of the payment

~ 114 €/mo rent · you top up ~ 1 €/mo

+31% above market

median 1,040 €/m² for comparable properties

41,000 € 1,366 €/m²
  • 30m²

Rent covers ~ 63% of the payment

~ 114 €/mo rent · you top up ~ 68 €/mo