−17% below market
median 2,421 €/m² for comparable properties
119,000 € 2,016 €/m²
Rent covers ~ 43% of the payment
~ 226 €/mo rent · you top up ~ 302 €/mo
Sale49,000 €3,266 €/m²
Expected rent226 € /mo
~12,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Belite Brezi (9 properties)
Area
15 m²
Yield analysis
Fair investment rating
Monthly payment217 €20% down payment · 20 yrs · 3%
Expected rent226 €at market conditions for the neighbourhood
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 12,500 € above the typical price (the median) for garages/parking in Belite Brezi (9 properties) — 3,266 €/m² against 2,421 €/m².
With 20% down over 20 years the monthly mortgage payment is about 217 €, against an expected local rent of 226 €. The rent covers the whole payment (104%).
Source: Market statistics for garages/parking in Belite Brezi
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 2,421 €/m² for comparable properties
33,900 € 2,421 €/m²
Rent covers ~ 150% of the payment
~ 226 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 2,421 €/m² for comparable properties
119,000 € 2,644 €/m²
Rent covers ~ 43% of the payment
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At market level
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Rent covers ~ 93% of the payment
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At market level
median 2,421 €/m² for comparable properties
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