+51% above market
median 1,190 €/m² for comparable properties
27,000 € 1,800 €/m²
Rent covers ~ 100% of the payment
~ 120 €/mo rent · pays for itself in ~ 19 yrs
Sale25,000 €1,190 €/m²
Expected rent120 € /mo
Area
21 m²
Yield analysis
Fair investment rating
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent120 €at market conditions for the neighbourhood
The rent covers 108% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for comparable properties — 1,190 €/m² against 1,190 €/m².
With 20% down over 20 years the monthly mortgage payment is about 111 €, against an expected local rent of 120 €. The rent covers the whole payment (108%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+37% above market
median 1,190 €/m² for comparable properties
24,500 € 1,633 €/m²
Rent covers ~ 110% of the payment
~ 120 €/mo rent · pays for itself in ~ 17 yrs