−28% below market
median 1,429 €/m² for comparable properties
16,490 € 1,030 €/m²
Rent covers ~ 142% of the payment
~ 104 €/mo rent · pays for itself in ~ 13 yrs
Sale23,500 €1,382 €/m²
Expected rent104 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Centyr (43 properties)
Area
17 m²
Floor
0 / 5
Yield analysis
Fair investment rating
Monthly payment104 €20% down payment · 20 yrs · 3%
Expected rent104 €at market conditions for the neighbourhood
The rent covers 100% of the payment — the tenant pays off the loan over 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.
Price history
1 change since listing▼ 6% · 1,500 €
- 25,000 €
- 23,500 €▼ 1,500 € (6%)
Property analysis
This garage/Parking is priced at the typical price (the median) for garages/parking in Centyr (43 properties) — 1,382 €/m² against 1,429 €/m².
With 20% down over 20 years the monthly mortgage payment is about 104 €, against an expected local rent of 104 €. The rent covers the whole payment (100%).
The asking price has fallen by 1,500 € (6%) since it was first listed.
Amenities
- Water
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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