−23% below market
median 1,667 €/m² for comparable properties
15,500 € 1,291 €/m²
Rent covers ~ 230% of the payment
~ 158 €/mo rent · pays for itself in ~ 8 yrs
Sale21,500 €1,791 €/m²
Expected rent158 € /mo
Area
12 m²
Floor
0 / 5
Yield analysis
Strong investment rating
Monthly payment95 €20% down payment · 20 yrs · 3%
Expected rent158 €at market conditions for the neighbourhood
The rent covers 166% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 comparable properties — 1,791 €/m² against 1,667 €/m².
With 20% down over 20 years the monthly mortgage payment is about 95 €, against an expected local rent of 158 €. The rent covers the whole payment (166%).
Source: Market statistics for garages/parking in Gorna Banya
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−88% below market
median 1,667 €/m² for comparable properties
3,500 € 194 €/m²
No yield data
Appears once there's enough market data
At market level
median 1,667 €/m² for comparable properties
30,000 € 1,666 €/m²
Rent covers ~ 119% of the payment
~ 158 €/mo rent · pays for itself in ~ 16 yrs
−22% below market
median 1,667 €/m² for comparable properties
30,000 € 1,304 €/m²
Rent covers ~ 119% of the payment
~ 158 €/mo rent · pays for itself in ~ 16 yrs
At market level
median 1,667 €/m² for comparable properties
25,000 € 1,666 €/m²
Rent covers ~ 142% of the payment
~ 158 €/mo rent · pays for itself in ~ 13 yrs