−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
Sale31,000 €1,823 €/m²
Expected rent157 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Sofia (737 properties)
Area
17 m²
Yield analysis
Good investment rating
Monthly payment138 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 114% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for garages/parking in Sofia (737 properties) — 1,823 €/m² against 1,933 €/m².
With 20% down over 20 years the monthly mortgage payment is about 138 €, against an expected local rent of 157 €. The rent covers the whole payment (114%).
Details
- Category
- Commercial
Location
Similar properties nearby
+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
+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