+17% above market
median 2,304 €/m² for comparable properties
35,000 € 2,692 €/m²
Rent covers ~ 107% of the payment
~ 166 €/mo rent · pays for itself in ~ 18 yrs
Sale34,500 €2,653 €/m²
Expected rent166 € /mo
~4,500 € ABOVE MARKET
above market
against the median for garages/parking in Centyr (46 properties)
Area
13 m²
Floor
0 / 4
Heating
Gas
Yield analysis
Fair investment rating
Monthly payment153 €20% down payment · 20 yrs · 3%
Expected rent166 €at market conditions for the neighbourhood
The rent covers 108% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 4,500 € above the typical price (the median) for garages/parking in Centyr (46 properties) — 2,653 €/m² against 2,304 €/m².
With 20% down over 20 years the monthly mortgage payment is about 153 €, against an expected local rent of 166 €. The rent covers the whole payment (108%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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