~42,500 € BELOW MARKET
far below market
against the median for garages/parking in Shumen (64 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Yield analysis
Fair investment rating
The rent covers 86% of the payment — you top up about 19 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 42,500 € below the typical price (the median) for garages/parking in Shumen (64 properties) — 511 €/m² against 1,216 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 136 €, against an expected local rent of 117 €. The rent covers 86% of it.
Amenities
- Automatic Door
- Access Control
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.