−35% below market
median 1,983 €/m² for comparable properties
32,500 € 1,300 €/m²
Rent covers ~ 58% of the payment
~ 84 €/mo rent · you top up ~ 60 €/mo
Sale21,000 €1,105 €/m²
Expected rent84 € /mo
~16,500 € BELOW MARKET
far below market
against the median for garages/parking in Asparuhovo (26 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
19 m²
Yield analysis
Fair investment rating
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent84 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 9 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 16,500 € below the typical price (the median) for garages/parking in Asparuhovo (26 properties) — 1,105 €/m² against 1,983 €/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 93 €, against an expected local rent of 84 €. The rent covers 90% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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