+22% above market
median 1,936 €/m² for comparable properties
33,000 € 1,650 €/m²
Rent covers ~ 232% of the payment
~ 340 €/mo rent · pays for itself in ~ 8 yrs
Sale31,900 €1,595 €/m²
Expected rent340 € /mo
~7,000 € BELOW MARKET
good value
against the median for garages/parking in Sofia (738 properties)
Area
20 m²
Yield analysis
Strong investment rating
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent340 €at market conditions for the neighbourhood
The rent covers 240% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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▼ 0.3% · 100 €
- 32,000 €
- 31,900 €▼ 100 € (0.3%)
Property analysis
This garage/Parking is priced about 7,000 € below the typical price (the median) for garages/parking in Sofia (738 properties) — 1,595 €/m² against 1,936 €/m².
With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 340 €. The rent covers the whole payment (240%).
The asking price has fallen by 100 € (0.3%) since it was first listed.
Amenities
- Automatic Door
- Elevator
- Access Control
- Electricity
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.