−88% below market
median 1,667 €/m² for comparable properties
3,500 € 194 €/m²
No yield data
Appears once there's enough market data
Sale15,500 €1,291 €/m²
Expected rent158 € /mo
Area
12 m²
Floor
0 / 5
Yield analysis
Strong investment rating
Monthly payment69 €20% down payment · 20 yrs · 3%
Expected rent158 €at market conditions for the neighbourhood
The rent covers 230% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 23% below the typical price (the median) for comparable properties — 1,291 €/m² against 1,667 €/m².
With 20% down over 20 years the monthly mortgage payment is about 69 €, against an expected local rent of 158 €. The rent covers the whole payment (230%).
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 6,000 €. It has been listed for 329 days.
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
At market level
median 1,667 €/m² for comparable properties
21,500 € 1,791 €/m²
Rent covers ~ 166% of the payment
~ 158 €/mo rent · pays for itself in ~ 11 yrs
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