+79% above market
median 1,680 €/m² for comparable properties
45,000 € 3,000 €/m²
Rent covers ~ 62% of the payment
~ 123 €/mo rent · you top up ~ 77 €/mo
Sale23,500 €1,021 €/m²
Expected rent123 € /mo
~15,000 € BELOW MARKET
good value
against the median for garages/parking in Centyr (35 properties)
Area
23 m²
Yield analysis
Good investment rating
Monthly payment104 €20% down payment · 20 yrs · 3%
Expected rent123 €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 15,000 € below the typical price (the median) for garages/parking in Centyr (35 properties) — 1,021 €/m² against 1,680 €/m².
With 20% down over 20 years the monthly mortgage payment is about 104 €, against an expected local rent of 123 €. 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.
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