At market level
median 2,274 €/m² for comparable properties
55,000 € 2,115 €/m²
Rent covers ~ 67% of the payment
~ 164 €/mo rent · you top up ~ 80 €/mo
Sale35,000 €2,333 €/m²
Expected rent164 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Centyr (45 properties)
Area
15 m²
Yield analysis
Fair investment rating
Monthly payment155 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood
The rent covers 106% 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.
Price history
1 change since listing▲ 9.4% · 3,000 €
- 32,000 €
- 35,000 €▲ 3,000 € (9.4%)
Property analysis
This garage/Parking is priced at the typical price (the median) for garages/parking in Centyr (45 properties) — 2,333 €/m² against 2,274 €/m².
With 20% down over 20 years the monthly mortgage payment is about 155 €, against an expected local rent of 164 €. The rent covers the whole payment (106%).
The asking price has risen by 3,000 € (9.4%) since it was first listed.
Amenities
- Automatic Door
- Elevator
Details
- Category
- Commercial
Location
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median 2,274 €/m² for comparable properties
80,000 € 3,636 €/m²
Rent covers ~ 46% of the payment
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