−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
Sale28,000 €848 €/m²
Expected rent103 € /mo
~19,000 € 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
33 m²
Yield analysis
Fair investment rating
Monthly payment124 €20% down payment · 20 yrs · 3%
Expected rent103 €at market conditions for the neighbourhood
The rent covers 83% of the payment — you top up about 21 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 19,000 € below the typical price (the median) for garages/parking in Centyr (45 properties) — 848 €/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 124 €, against an expected local rent of 103 €. The rent covers 83% of it.
Amenities
- Elevator
- Access Control
- Lit
Details
- Category
- Commercial
Location
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