No market valuation
315,000 € 2,460 €/m²
No yield data
Appears once there's enough market data
Sale139,000 €2,316 €/m²
Expected rent628 € /mo
~48,000 € BELOW MARKET
good value
against the median for 2-room offices in Reduta (43 properties)
Area
60 m²
Floor
0 / 5
Construction
Brick
Year
1970
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment617 €20% down payment · 20 yrs · 3%
Expected rent628 €at market conditions for the neighbourhood
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 6.1% · 9,000 €
- 148,000 €
- 148,000 €▲ 0 € (0%)
- 146,000 €▼ 2,000 € (1.4%)
- 146,000 €▲ 0 € (0%)
- 139,000 €▼ 7,000 € (4.8%)
- 139,000 €▲ 0 € (0%)
Property analysis
This office is priced about 48,000 € below the typical price (the median) for 2-room offices in Reduta (43 properties) — 2,316 €/m² against 3,113 €/m².
With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 628 €. The rent covers the whole payment (102%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 272 days. The asking price has fallen by 9,000 € (6.1%) since it was first listed.
Details
- Category
- Commercial
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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No market valuation
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