−42% below market
median 1,071 €/m² for comparable properties
12,500 € 625 €/m²
Rent covers ~ 157% of the payment
~ 87 €/mo rent · pays for itself in ~ 12 yrs
Sale11,000 €687 €/m²
Expected rent87 € /mo
~6,000 € BELOW MARKET
good value
against the median for garages/parking in Idealen Centyr (13 properties)
Area
16 m²
Floor
0 / 5
Yield analysis
Strong investment rating
Monthly payment49 €20% down payment · 20 yrs · 3%
Expected rent87 €at market conditions for the neighbourhood
The rent covers 178% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 6,000 € below the typical price (the median) for garages/parking in Idealen Centyr (13 properties) — 687 €/m² against 1,071 €/m².
With 20% down over 20 years the monthly mortgage payment is about 49 €, against an expected local rent of 87 €. The rent covers the whole payment (178%).
Source: Market statistics for garages/parking in Idealen Centyr
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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