At market level
median 1,000 €/m² for comparable properties
15,000 € 937 €/m²
Rent covers ~ 173% of the payment
~ 115 €/mo rent · pays for itself in ~ 11 yrs
Sale13,800 €811 €/m²
Expected rent115 € /mo
~3,000 € BELOW MARKET
good value
against the median for garages/parking in Storgoziya (11 properties)
Area
17 m²
Floor
0 / 1
Yield analysis
Strong investment rating
Monthly payment61 €20% down payment · 20 yrs · 3%
Expected rent115 €at market conditions for the neighbourhood
The rent covers 188% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 3,000 € below the typical price (the median) for garages/parking in Storgoziya (11 properties) — 811 €/m² against 1,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 61 €, against an expected local rent of 115 €. The rent covers the whole payment (188%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
No market valuation
On request
No yield data
Appears once there's enough market data
+37% above market
median 1,000 €/m² for comparable properties
26,000 € 1,368 €/m²
Rent covers ~ 100% of the payment
~ 115 €/mo rent · pays for itself in ~ 19 yrs
No market valuation
On request
No yield data
Appears once there's enough market data
No market valuation
On request
No yield data
Appears once there's enough market data
+11% above market
median 1,000 €/m² for comparable properties
21,000 € 1,105 €/m²
Rent covers ~ 123% of the payment
~ 115 €/mo rent · pays for itself in ~ 15 yrs
−23% below market
median 1,000 €/m² for comparable properties
17,000 € 772 €/m²
Rent covers ~ 152% of the payment
~ 115 €/mo rent · pays for itself in ~ 12 yrs
+32% above market
median 1,000 €/m² for comparable properties
37,000 € 1,321 €/m²
Rent covers ~ 70% of the payment
~ 115 €/mo rent · you top up ~ 49 €/mo