+38% above market
median 884 €/m² for comparable properties
22,000 € 1,222 €/m²
Rent covers ~ 67% of the payment
~ 65 €/mo rent · you top up ~ 33 €/mo
Sale12,782 €426 €/m²
Expected rent65 € /mo
~13,500 € BELOW MARKET
far below market
against the median for garages/parking in Centyr (34 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
30 m²
Yield analysis
Good investment rating
Monthly payment57 €20% down payment · 20 yrs · 3%
Expected rent65 €at market conditions for the neighbourhood
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 about 13,500 € below the typical price (the median) for garages/parking in Centyr (34 properties) — 426 €/m² against 884 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 57 €, against an expected local rent of 65 €. The rent covers the whole payment (115%).
Details
- Category
- Commercial
Location
Similar properties nearby
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Rent covers ~ 67% of the payment
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At market level
median 884 €/m² for comparable properties
15,000 € 882 €/m²
Rent covers ~ 98% of the payment
~ 65 €/mo rent · you top up ~ 2 €/mo