+30% above market
median 1,119 €/m² for comparable properties
29,000 € 1,450 €/m²
Rent covers ~ 86% of the payment
~ 111 €/mo rent · you top up ~ 18 €/mo
Sale19,000 €1,055 €/m²
Expected rent111 € /mo
Area
18 m²
Floor
0 / 1
Yield analysis
Good investment rating
Monthly payment84 €20% down payment · 20 yrs · 3%
Expected rent111 €at market conditions for the neighbourhood
The rent covers 132% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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▼ 9.5% · 2,000 €
- 21,000 €
- 19,000 €▼ 2,000 € (9.5%)
Property analysis
This garage/Parking is priced at the typical price (the median) for comparable properties — 1,055 €/m² against 1,119 €/m².
With 20% down over 20 years the monthly mortgage payment is about 84 €, against an expected local rent of 111 €. The rent covers the whole payment (132%).
The asking price has fallen by 2,000 € (9.5%) since it was first listed.
Amenities
- Electricity
- Repair Pit
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
median 1,119 €/m² for comparable properties
17,900 € 1,118 €/m²
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