+80% above market
median 1,667 €/m² for comparable properties
45,000 € 3,000 €/m²
Rent covers ~ 62% of the payment
~ 123 €/mo rent · you top up ~ 77 €/mo
Sale14,000 €875 €/m²
Expected rent123 € /mo
~12,500 € BELOW MARKET
far below market
against the median for garages/parking in Centyr (35 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
16 m²
Floor
0 / 8
Yield analysis
Strong investment rating
Monthly payment62 €20% down payment · 20 yrs · 3%
Expected rent123 €at market conditions for the neighbourhood
The rent covers 198% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 12,500 € below the typical price (the median) for garages/parking in Centyr (35 properties) — 875 €/m² against 1,667 €/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 62 €, against an expected local rent of 123 €. The rent covers the whole payment (198%).
Amenities
- Access Control
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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