−23% below market
median 1,389 €/m² for comparable properties
24,500 € 1,065 €/m²
Rent covers ~ 106% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs
Sale22,000 €1,100 €/m²
Expected rent115 € /mo
~6,000 € BELOW MARKET
good value
against the median for garages/parking in Drujba 2 (12 properties)
Area
20 m²
Floor
0 / 7
Yield analysis
Good investment rating
Monthly payment98 €20% down payment · 20 yrs · 3%
Expected rent115 €at market conditions for the neighbourhood
The rent covers 118% 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 6,000 € below the typical price (the median) for garages/parking in Drujba 2 (12 properties) — 1,100 €/m² against 1,389 €/m².
With 20% down over 20 years the monthly mortgage payment is about 98 €, against an expected local rent of 115 €. The rent covers the whole payment (118%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−17% below market
median 1,389 €/m² for comparable properties
26,500 € 1,152 €/m²
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−9% below market
median 1,389 €/m² for comparable properties
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Rent covers ~ 108% of the payment
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At market level
median 1,389 €/m² for comparable properties
25,000 € 1,388 €/m²
Rent covers ~ 104% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs
At market level
median 1,389 €/m² for comparable properties
25,000 € 1,388 €/m²
Rent covers ~ 104% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs
At market level
median 1,389 €/m² for comparable properties
25,000 € 1,388 €/m²
Rent covers ~ 104% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs
At market level
median 1,389 €/m² for comparable properties
25,000 € 1,388 €/m²
Rent covers ~ 104% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs
At market level
median 1,389 €/m² for comparable properties
25,000 € 1,388 €/m²
Rent covers ~ 104% of the payment
~ 115 €/mo rent · pays for itself in ~ 18 yrs