+58% above market
median 1,538 €/m² for comparable properties
51,000 € 2,428 €/m²
Rent covers ~ 46% of the payment
~ 103 €/mo rent · you top up ~ 123 €/mo
Sale24,000 €1,142 €/m²
Expected rent103 € /mo
~8,500 € BELOW MARKET
good value
against the median for garages/parking in Kyrshiyaka (33 properties)
Area
21 m²
Floor
0 / 1
Yield analysis
Fair investment rating
Monthly payment106 €20% down payment · 20 yrs · 3%
Expected rent103 €at market conditions for the neighbourhood
The rent covers 97% of the payment — you top up about 3 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 8,500 € below the typical price (the median) for garages/parking in Kyrshiyaka (33 properties) — 1,142 €/m² against 1,538 €/m².
With 20% down over 20 years the monthly mortgage payment is about 106 €, against an expected local rent of 103 €. The rent covers 97% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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Rent covers ~ 58% of the payment
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