−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
Sale15,500 €775 €/m²
Expected rent104 € /mo
~13,000 € 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
20 m²
Yield analysis
Strong investment rating
Monthly payment69 €20% down payment · 20 yrs · 3%
Expected rent104 €at market conditions for the neighbourhood
The rent covers 151% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 13,000 € below the typical price (the median) for garages/parking in Centyr (45 properties) — 775 €/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 69 €, against an expected local rent of 104 €. The rent covers the whole payment (151%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+29% above market
median 1,429 €/m² for comparable properties
38,600 € 1,838 €/m²
Rent covers ~ 61% of the payment
~ 104 €/mo rent · you top up ~ 67 €/mo
+44% above market
median 1,429 €/m² for comparable properties
41,000 € 2,157 €/m²
Rent covers ~ 57% of the payment
~ 104 €/mo rent · you top up ~ 78 €/mo
+47% above market
median 1,429 €/m² for comparable properties
37,900 € 2,105 €/m²
Rent covers ~ 62% of the payment
~ 104 €/mo rent · you top up ~ 64 €/mo
−13% below market
median 1,429 €/m² for comparable properties
30,000 € 1,250 €/m²
Rent covers ~ 78% of the payment
~ 104 €/mo rent · you top up ~ 29 €/mo
+36% above market
median 1,429 €/m² for comparable properties
34,998 € 1,128 €/m²
Rent covers ~ 67% of the payment
~ 104 €/mo rent · you top up ~ 51 €/mo
+40% above market
median 1,429 €/m² for comparable properties
38,000 € 2,000 €/m²
Rent covers ~ 62% of the payment
~ 104 €/mo rent · you top up ~ 65 €/mo
−46% below market
median 1,429 €/m² for comparable properties
300,100 € 769 €/m²
Rent covers ~ 8% of the payment
~ 104 €/mo rent · you top up ~ 1,227 €/mo