−15% below market
median 1,933 €/m² for comparable properties
28,000 € 1,647 €/m²
Rent covers ~ 126% of the payment
~ 157 €/mo rent · pays for itself in ~ 15 yrs
Sale47,000 €3,133 €/m²
Expected rent157 € /mo
~18,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Sofia (737 properties)
Area
15 m²
Yield analysis
Fair investment rating
Monthly payment209 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 75% 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.
Price history
1 change since listing▲ 3.3% · 1,500 €
- 45,500 €
- 47,000 €▲ 1,500 € (3.3%)
Property analysis
This garage/Parking is priced about 18,000 € above the typical price (the median) for garages/parking in Sofia (737 properties) — 3,133 €/m² against 1,933 €/m².
With 20% down over 20 years the monthly mortgage payment is about 209 €, against an expected local rent of 157 €. The rent covers 75% of it.
The asking price has risen by 1,500 € (3.3%) since it was first listed.
Amenities
- Water
- Separate Electricity Meter
- Automatic Door
- Electricity
- Lit
Details
- Category
- Commercial
Location
Similar properties nearby
At market level
median 1,933 €/m² for comparable properties
31,000 € 1,823 €/m²
Rent covers ~ 114% of the payment
~ 157 €/mo rent · pays for itself in ~ 16 yrs
+29% above market
median 1,933 €/m² for comparable properties
39,999 € 2,499 €/m²
Rent covers ~ 88% of the payment
~ 157 €/mo rent · you top up ~ 20 €/mo