+189% above market
median 1,211 €/m² for comparable properties
63,000 € 3,500 €/m²
Rent covers ~ 55% of the payment
~ 154 €/mo rent · you top up ~ 126 €/mo
Sale75,000 €2,678 €/m²
Expected rent154 € /mo
~41,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Iztok (9 properties)
Area
28 m²
Yield analysis
Low investment rating
Monthly payment333 €20% down payment · 20 yrs · 3%
Expected rent154 €at market conditions for the neighbourhood
The rent covers 46% of the payment — you top up about 179 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 41 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▼ 11.8% · 10,000 €
- 85,000 €
- 75,000 €▼ 10,000 € (11.8%)
Property analysis
This garage/Parking is priced about 41,000 € above the typical price (the median) for garages/parking in Iztok (9 properties) — 2,678 €/m² against 1,211 €/m².
With 20% down over 20 years the monthly mortgage payment is about 333 €, against an expected local rent of 154 €. The rent covers 46% of it.
The asking price has fallen by 10,000 € (11.8%) since it was first listed.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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