At market level
median 1,667 €/m² for comparable properties
21,500 € 1,791 €/m²
Rent covers ~ 165% of the payment
~ 157 €/mo rent · pays for itself in ~ 11 yrs
Sale25,000 €1,666 €/m²
Expected rent157 € /mo
Area
15 m²
Yield analysis
Good investment rating
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 142% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 at the typical price (the median) for comparable properties — 1,666 €/m² against 1,667 €/m².
With 20% down over 20 years the monthly mortgage payment is about 111 €, against an expected local rent of 157 €. The rent covers the whole payment (142%).
Source: Market statistics for garages/parking in Gorna Banya
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−23% below market
median 1,667 €/m² for comparable properties
15,500 € 1,291 €/m²
Rent covers ~ 228% of the payment
~ 157 €/mo rent · pays for itself in ~ 8 yrs
−88% below market
median 1,667 €/m² for comparable properties
3,500 € 194 €/m²
No yield data
Appears once there's enough market data
At market level
median 1,667 €/m² for comparable properties
30,000 € 1,666 €/m²
Rent covers ~ 118% of the payment
~ 157 €/mo rent · pays for itself in ~ 16 yrs
−22% below market
median 1,667 €/m² for comparable properties
30,000 € 1,304 €/m²
Rent covers ~ 118% of the payment
~ 157 €/mo rent · pays for itself in ~ 16 yrs