−63% below market
median 1,983 €/m² for comparable properties
13,900 € 731 €/m²
Rent covers ~ 136% of the payment
~ 84 €/mo rent · pays for itself in ~ 14 yrs
Sale29,200 €2,433 €/m²
Expected rent84 € /mo
~5,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Asparuhovo (26 properties)
Area
12 m²
Floor
0 / 6
Yield analysis
Low investment rating
Monthly payment130 €20% down payment · 20 yrs · 3%
Expected rent84 €at market conditions for the neighbourhood
The rent covers 65% of the payment — you top up about 46 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 5,500 € above the typical price (the median) for garages/parking in Asparuhovo (26 properties) — 2,433 €/m² against 1,983 €/m².
With 20% down over 20 years the monthly mortgage payment is about 130 €, against an expected local rent of 84 €. The rent covers 65% 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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