−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
Sale39,999 €2,499 €/m²
Expected rent157 € /mo
~9,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Sofia (737 properties)
Area
16 m²
Floor
0 / 7
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment177 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 88% of the payment — you top up about 20 €/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 9,000 € above the typical price (the median) for garages/parking in Sofia (737 properties) — 2,499 €/m² against 1,933 €/m².
With 20% down over 20 years the monthly mortgage payment is about 177 €, against an expected local rent of 157 €. The rent covers 88% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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
+62% above market
median 1,933 €/m² for comparable properties
47,000 € 3,133 €/m²
Rent covers ~ 75% of the payment
~ 157 €/mo rent · you top up ~ 52 €/mo