At market level
median 1,967 €/m² for comparable properties
59,000 € 1,966 €/m²
Rent covers ~ 56% of the payment
~ 147 €/mo rent · you top up ~ 115 €/mo
Sale24,000 €436 €/m²
Expected rent147 € /mo
~84,000 € BELOW MARKET
far below market
against the median for garages/parking in Banishora (17 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
55 m²
Floor
0 / 5
Yield analysis
Good investment rating
Monthly payment106 €20% down payment · 20 yrs · 3%
Expected rent147 €at market conditions for the neighbourhood
The rent covers 138% 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.
Property analysis
This garage/Parking is priced about 84,000 € below the typical price (the median) for garages/parking in Banishora (17 properties) — 436 €/m² against 1,967 €/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 106 €, against an expected local rent of 147 €. The rent covers the whole payment (138%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+34% above market
median 1,967 €/m² for comparable properties
37,000 € 2,642 €/m²
Rent covers ~ 90% of the payment
~ 147 €/mo rent · you top up ~ 17 €/mo
−49% below market
median 1,967 €/m² for comparable properties
94,000 € 1,010 €/m²
Rent covers ~ 35% of the payment
~ 147 €/mo rent · you top up ~ 270 €/mo
−46% below market
median 1,967 €/m² for comparable properties
45,000 € 1,071 €/m²
Rent covers ~ 74% of the payment
~ 147 €/mo rent · you top up ~ 53 €/mo
−12% below market
median 1,967 €/m² for comparable properties
80,000 € 1,739 €/m²
Rent covers ~ 41% of the payment
~ 147 €/mo rent · you top up ~ 208 €/mo
At market level
median 1,967 €/m² for comparable properties
32,000 € 1,882 €/m²
Rent covers ~ 104% of the payment
~ 147 €/mo rent · pays for itself in ~ 18 yrs
−49% below market
median 1,967 €/m² for comparable properties
34,000 € 1,000 €/m²
Rent covers ~ 97% of the payment
~ 147 €/mo rent · you top up ~ 4 €/mo
At market level
median 1,967 €/m² for comparable properties
33,000 € 2,062 €/m²
Rent covers ~ 100% of the payment
~ 147 €/mo rent · pays for itself in ~ 19 yrs