Sale

Garage in Stara Zagora, Centyr

Stara ZagoraCentyr
Published: 1 November 2024 Updated: 1 November 2024
Sale17,000 €1,062 €/m²
Expected rent87 € /mo

~3,000 € BELOW MARKET

good value

against the median for garages/parking in Centyr (33 properties)

Area
16 m²

Yield analysis

Good investment rating

6.1% / yr
Monthly payment75 €20% down payment · 20 yrs · 3%
Expected rent87 €at market conditions for the neighbourhood

The rent covers 115% 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 about 3,000 € below the typical price (the median) for garages/parking in Centyr (33 properties) — 1,062 €/m² against 1,250 €/m².

With 20% down over 20 years the monthly mortgage payment is about 75 €, against an expected local rent of 87 €. The rent covers the whole payment (115%).

Source: Market statistics for garages/parking in Centyr

Amenities

  • Access Control
  • Lit

Details

Category
Commercial

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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