−26% below market
median 1,933 €/m² for comparable properties
20,000 € 1,428 €/m²
Rent covers ~ 177% of the payment
~ 157 €/mo rent · pays for itself in ~ 11 yrs
Sale50,000 €2,941 €/m²
Expected rent157 € /mo
~17,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Sofia (740 properties)
Area
17 m²
Yield analysis
Low investment rating
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 65 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 9.1% · 5,000 €
- 55,000 €
- 50,000 €▼ 5,000 € (9.1%)
Property analysis
This garage/Parking is priced about 17,000 € above the typical price (the median) for garages/parking in Sofia (740 properties) — 2,941 €/m² against 1,933 €/m².
With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 157 €. The rent covers 71% of it.
The asking price has fallen by 5,000 € (9.1%) since it was first listed.
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 1,933 €/m² for comparable properties
39,999 € 1,481 €/m²
Rent covers ~ 88% of the payment
~ 157 €/mo rent · you top up ~ 20 €/mo