At market level
median 1,833 €/m² for comparable properties
32,200 € 1,894 €/m²
Rent covers ~ 110% of the payment
~ 157 €/mo rent · pays for itself in ~ 17 yrs
Sale23,999 €1,499 €/m²
Expected rent157 € /mo
Area
16 m²
Yield analysis
Good investment rating
Monthly payment106 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 147% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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▼ 4% · 1,000 €
- 24,999 €
- 23,999 €▼ 1,000 € (4%)
Property analysis
This garage/Parking is priced 18% below the typical price (the median) for comparable properties — 1,499 €/m² against 1,833 €/m².
With 20% down over 20 years the monthly mortgage payment is about 106 €, against an expected local rent of 157 €. The rent covers the whole payment (147%).
The asking price has fallen by 1,000 € (4%) since it was first listed.
Amenities
- Automatic Door
- Separate Electricity Meter
- Electricity
- Lit
Details
- Category
- Commercial
Location
Similar properties nearby
−29% below market
median 1,833 €/m² for comparable properties
26,000 € 1,300 €/m²
Rent covers ~ 136% of the payment
~ 157 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 1,833 €/m² for comparable properties
40,000 € 1,904 €/m²
Rent covers ~ 88% of the payment
~ 157 €/mo rent · you top up ~ 20 €/mo
At market level
median 1,833 €/m² for comparable properties
32,999 € 1,833 €/m²
Rent covers ~ 107% of the payment
~ 157 €/mo rent · pays for itself in ~ 18 yrs