−63% below market
median 1,200 €/m² for comparable properties
8,000 € 444 €/m²
No yield data
Appears once there's enough market data
Sale21,000 €1,000 €/m²
Expected rent187 € /mo
~4,000 € BELOW MARKET
good value
against the median for garages/parking in Centyr (13 properties)
Area
21 m²
Floor
0 / 3
Yield analysis
Strong investment rating
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent187 €at market conditions for the neighbourhood
The rent covers 201% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 8.7% · 2,008 €
- 23,008 €
- 22,000 €▼ 1,008 € (4.4%)
- 21,000 €▼ 1,000 € (4.5%)
Property analysis
This garage/Parking is priced about 4,000 € below the typical price (the median) for garages/parking in Centyr (13 properties) — 1,000 €/m² against 1,200 €/m².
With 20% down over 20 years the monthly mortgage payment is about 93 €, against an expected local rent of 187 €. The rent covers the whole payment (201%).
The asking price has fallen by 2,008 € (8.7%) since it was first listed.
Details
- Category
- Commercial
Location
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