+11% above market
median 1,444 €/m² for comparable properties
40,000 € 1,600 €/m²
Rent covers ~ 62% of the payment
~ 110 €/mo rent · you top up ~ 67 €/mo
Sale16,990 €999 €/m²
Expected rent110 € /mo
Area
17 m²
Yield analysis
Good investment rating
Monthly payment75 €20% down payment · 20 yrs · 3%
Expected rent110 €at market conditions for the neighbourhood
The rent covers 146% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 31% below the typical price (the median) for comparable properties — 999 €/m² against 1,444 €/m².
With 20% down over 20 years the monthly mortgage payment is about 75 €, against an expected local rent of 110 €. The rent covers the whole payment (146%).
Amenities
- Electricity
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,444 €/m² for comparable properties
23,000 € 1,533 €/m²
Rent covers ~ 108% of the payment
~ 110 €/mo rent · pays for itself in ~ 17 yrs
−27% below market
median 1,444 €/m² for comparable properties
32,500 € 1,048 €/m²
Rent covers ~ 76% of the payment
~ 110 €/mo rent · you top up ~ 34 €/mo
At market level
median 1,444 €/m² for comparable properties
26,000 € 1,444 €/m²
Rent covers ~ 95% of the payment
~ 110 €/mo rent · you top up ~ 5 €/mo