At market level
median 1,571 €/m² for comparable properties
21,990 € 1,570 €/m²
Rent covers ~ 132% of the payment
~ 129 €/mo rent · pays for itself in ~ 14 yrs
Sale22,900 €1,272 €/m²
Expected rent129 € /mo
Area
18 m²
Floor
0 / 6
Yield analysis
Good investment rating
Monthly payment102 €20% down payment · 20 yrs · 3%
Expected rent129 €at market conditions for the neighbourhood
The rent covers 127% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 19% below the typical price (the median) for comparable properties — 1,272 €/m² against 1,571 €/m².
With 20% down over 20 years the monthly mortgage payment is about 102 €, against an expected local rent of 129 €. The rent covers the whole payment (127%).
Source: Market statistics for garages/parking in Hristo Botev
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−30% below market
median 1,571 €/m² for comparable properties
16,500 € 1,100 €/m²
Rent covers ~ 176% of the payment
~ 129 €/mo rent · pays for itself in ~ 11 yrs
+17% above market
median 1,571 €/m² for comparable properties
21,990 € 1,832 €/m²
Rent covers ~ 132% of the payment
~ 129 €/mo rent · pays for itself in ~ 14 yrs