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
Sale51,000 €1,243 €/m²
Expected rent164 € /mo
~42,000 € 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
41 m²
Yield analysis
Low investment rating
Monthly payment226 €20% down payment · 20 yrs · 3%
Expected rent164 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 62 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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▼ 12.1% · 7,000 €
- 58,000 €
- 51,000 €▼ 7,000 € (12.1%)
Property analysis
This garage/Parking is priced about 42,000 € below the typical price (the median) for garages/parking in Centyr (45 properties) — 1,243 €/m² against 2,274 €/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 226 €, against an expected local rent of 164 €. The rent covers 72% of it.
The asking price has fallen by 7,000 € (12.1%) since it was first listed.
Amenities
- Automatic Door
- Elevator
- Access Control
- Electricity
- EV Charging Station
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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median 2,274 €/m² for comparable properties
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Rent covers ~ 46% of the payment
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