−28% below market
median 1,429 €/m² for comparable properties
16,490 € 1,030 €/m²
Rent covers ~ 141% of the payment
~ 103 €/mo rent · pays for itself in ~ 13 yrs
Sale19,000 €904 €/m²
Expected rent103 € /mo
~11,000 € BELOW MARKET
good value
against the median for garages/parking in Centyr (45 properties)
Area
21 m²
Yield analysis
Good investment rating
Monthly payment84 €20% down payment · 20 yrs · 3%
Expected rent103 €at market conditions for the neighbourhood
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 11,000 € below the typical price (the median) for garages/parking in Centyr (45 properties) — 904 €/m² against 1,429 €/m².
With 20% down over 20 years the monthly mortgage payment is about 84 €, against an expected local rent of 103 €. The rent covers the whole payment (122%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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