−21% below market
median 2,368 €/m² for comparable properties
42,999 € 1,869 €/m²
Rent covers ~ 82% of the payment
~ 157 €/mo rent · you top up ~ 34 €/mo
Sale79,000 €1,717 €/m²
Expected rent628 € /mo
~64,000 € BELOW MARKET
far below market
against the median for 2-room garages/parking in Reduta (43 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
46 m²
Floor
0 / 6
Construction
Brick
Year
1990
Yield analysis
Strong investment rating
Monthly payment351 €20% down payment · 20 yrs · 3%
Expected rent628 €at market conditions for the neighbourhood
The rent covers 179% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 16.8% · 16,000 €
- 95,000 €
- 95,000 €▲ 0 € (0%)
- 85,000 €▼ 10,000 € (10.5%)
- 85,000 €▲ 0 € (0%)
- 79,000 €▼ 6,000 € (7.1%)
- 79,000 €▲ 0 € (0%)
Property analysis
This garage/Parking is priced about 64,000 € below the typical price (the median) for 2-room garages/parking in Reduta (43 properties) — 1,717 €/m² against 3,113 €/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 351 €, against an expected local rent of 628 €. The rent covers the whole payment (179%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 272 days. The asking price has fallen by 16,000 € (16.8%) since it was first listed.
Amenities
- Water
- Separate Electricity Meter
- Electricity
- Lit
Details
- Category
- Commercial
- Rooms
- 2
Location
Similar properties nearby
At market level
median 2,368 €/m² for comparable properties
45,000 € 2,368 €/m²
Rent covers ~ 79% of the payment
~ 157 €/mo rent · you top up ~ 43 €/mo
At market level
median 2,368 €/m² for comparable properties
55,000 € 2,391 €/m²
Rent covers ~ 64% of the payment
~ 157 €/mo rent · you top up ~ 87 €/mo
At market level
median 2,368 €/m² for comparable properties
43,000 € 2,263 €/m²
Rent covers ~ 82% of the payment
~ 157 €/mo rent · you top up ~ 34 €/mo
At market level
median 2,368 €/m² for comparable properties
60,000 € 2,500 €/m²
Rent covers ~ 59% of the payment
~ 157 €/mo rent · you top up ~ 109 €/mo
+11% above market
median 2,368 €/m² for comparable properties
50,000 € 2,631 €/m²
Rent covers ~ 71% of the payment
~ 157 €/mo rent · you top up ~ 65 €/mo
−53% below market
median 2,368 €/m² for comparable properties
20,000 € 1,111 €/m²
Rent covers ~ 177% of the payment
~ 157 €/mo rent · pays for itself in ~ 11 yrs
No market valuation
On request
No yield data
Appears once there's enough market data