median 2,619 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 165 €/mo rent · you top up ~ 110 €/mo
~17,000 € BELOW MARKET
far below market
against the median for garages/parking in Goce Delchev (11 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 256% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This garage/Parking is priced about 17,000 € below the typical price (the median) for garages/parking in Goce Delchev (11 properties) — 1,208 €/m² against 2,619 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 64 €, against an expected local rent of 165 €. The rent covers the whole payment (256%).
Source: Market statistics for garages/parking in Goce Delchev
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,619 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 165 €/mo rent · you top up ~ 110 €/mo
median 2,619 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 165 €/mo rent · you top up ~ 119 €/mo
median 2,619 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 165 €/mo rent · you top up ~ 110 €/mo
median 2,619 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 165 €/mo rent · pays for itself in ~ 15 yrs
median 2,619 €/m² for comparable properties
Rent covers ~ 53% of the payment
~ 165 €/mo rent · you top up ~ 146 €/mo
median 2,619 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 165 €/mo rent · you top up ~ 190 €/mo
median 2,619 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 165 €/mo rent · you top up ~ 52 €/mo
median 2,619 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 165 €/mo rent · you top up ~ 79 €/mo