−54% below market
median 2,619 €/m² for comparable properties
14,500 € 1,208 €/m²
Rent covers ~ 256% of the payment
~ 165 €/mo rent · pays for itself in ~ 7 yrs
Sale49,000 €1,531 €/m²
Expected rent165 € /mo
~35,000 € BELOW MARKET
far below market
against the median for garages/parking in Goce Delchev (11 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
32 m²
Yield analysis
Fair investment rating
Monthly payment217 €20% down payment · 20 yrs · 3%
Expected rent165 €at market conditions for the neighbourhood
The rent covers 76% of the payment — you top up about 52 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 35,000 € below the typical price (the median) for garages/parking in Goce Delchev (11 properties) — 1,531 €/m² against 2,619 €/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 217 €, against an expected local rent of 165 €. The rent covers 76% of it.
Source: Market statistics for garages/parking in Goce Delchev
Amenities
- Elevator
Details
- Category
- Commercial
Location
Similar properties nearby
At market level
median 2,619 €/m² for comparable properties
62,000 € 2,695 €/m²
Rent covers ~ 60% of the payment
~ 165 €/mo rent · you top up ~ 110 €/mo
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median 2,619 €/m² for comparable properties
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Rent covers ~ 58% of the payment
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At market level
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median 2,619 €/m² for comparable properties
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Rent covers ~ 128% of the payment
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Rent covers ~ 53% of the payment
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At market level
median 2,619 €/m² for comparable properties
55,000 € 2,619 €/m²
Rent covers ~ 68% of the payment
~ 165 €/mo rent · you top up ~ 79 €/mo