−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
Sale300,100 €769 €/m²
Expected rent104 € /mo
~257,000 € BELOW MARKET
far below market
against the median for garages/parking in Centyr (43 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
390 m²
Yield analysis
Low investment rating
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent104 €at market conditions for the neighbourhood
The rent covers 8% of the payment — you top up about 1,227 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 240 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 257,000 € below the typical price (the median) for garages/parking in Centyr (43 properties) — 769 €/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 1,331 €, against an expected local rent of 104 €. The rent covers 8% of it.
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
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