At market level
median 1,941 €/m² for comparable properties
33,000 € 1,941 €/m²
Rent covers ~ 107% of the payment
~ 157 €/mo rent · pays for itself in ~ 18 yrs
Sale33,000 €2,062 €/m²
Expected rent157 € /mo
Area
16 m²
Floor
0 / 1
Yield analysis
Fair investment rating
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 107% 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.
Property analysis
This garage/Parking is priced at the typical price (the median) for comparable properties — 2,062 €/m² against 1,941 €/m².
With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 157 €. The rent covers the whole payment (107%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,941 €/m² for comparable properties
20,000 € 1,176 €/m²
Rent covers ~ 177% of the payment
~ 157 €/mo rent · pays for itself in ~ 11 yrs
+29% above market
median 1,941 €/m² for comparable properties
69,900 € 2,496 €/m²
Rent covers ~ 51% of the payment
~ 157 €/mo rent · you top up ~ 153 €/mo
−21% below market
median 1,941 €/m² for comparable properties
29,000 € 1,526 €/m²
Rent covers ~ 122% of the payment
~ 157 €/mo rent · pays for itself in ~ 15 yrs