Sale

Parking Spot in Shumen, Matematicheska Gimnaziya

ShumenMatematicheska Gimnaziya

Published: 5 January 2026 Updated: 5 February 2026

Sale12,000 €705 €/m²

Expected rent100 € /mo

~8,500 € 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.

Area

17 m²

Heating

Gas

Yield analysis

Strong investment rating

10% / yr

Monthly payment53 €20% down payment · 20 yrs · 3%

Expected rent100 €at market conditions for the neighbourhood

The rent covers 188% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 8,500 € below the typical price (the median) for garages/parking in Shumen (64 properties) — 705 €/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 53 €, against an expected local rent of 100 €. The rent covers the whole payment (188%).

Source: Market statistics for garages/parking in Shumen