At market level
median 2,170 €/m² for comparable properties
35,000 € 2,058 €/m²
Rent covers ~ 126% of the payment
~ 195 €/mo rent · pays for itself in ~ 15 yrs
Sale18,000 €1,285 €/m²
Expected rent195 € /mo
~12,500 € BELOW MARKET
far below market
against the median for garages/parking in Mladost 4 (12 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
14 m²
Floor
1 / 1
Yield analysis
Strong investment rating
Monthly payment80 €20% down payment · 20 yrs · 3%
Expected rent195 €at market conditions for the neighbourhood
The rent covers 244% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 12,500 € below the typical price (the median) for garages/parking in Mladost 4 (12 properties) — 1,285 €/m² against 2,170 €/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 80 €, against an expected local rent of 195 €. The rent covers the whole payment (244%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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