−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
Sale11,900 €850 €/m²
Expected rent103 € /mo
~8,000 € BELOW MARKET
far below market
against the median for garages/parking in Centyr (45 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
14 m²
Heating
District Heating
Yield analysis
Strong investment rating
Monthly payment53 €20% down payment · 20 yrs · 3%
Expected rent103 €at market conditions for the neighbourhood
The rent covers 195% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 8,000 € below the typical price (the median) for garages/parking in Centyr (45 properties) — 850 €/m² against 1,429 €/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 53 €, against an expected local rent of 103 €. The rent covers the whole payment (195%).
Amenities
- Automatic Door
- Water
- Access Control
- Electricity
- 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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