+39% above market
median 1,933 €/m² for comparable properties
75,000 € 2,678 €/m²
Rent covers ~ 230% of the payment
~ 765 €/mo rent · pays for itself in ~ 8 yrs
Sale190,000 €664 €/m²
Expected rent765 € /mo
~363,000 € BELOW MARKET
far below market
against the median for garages/parking in Sofia (737 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
286 m²
Floor
0 / 6
Yield analysis
Fair investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent765 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 78 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 363,000 € below the typical price (the median) for garages/parking in Sofia (737 properties) — 664 €/m² against 1,933 €/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 843 €, against an expected local rent of 765 €. The rent covers 91% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.