+19% above market
median 1,936 €/m² for comparable properties
23,000 € 2,300 €/m²
Rent covers ~ 154% of the payment
~ 157 €/mo rent · pays for itself in ~ 12 yrs
Sale23,000 €3,285 €/m²
Expected rent157 € /mo
Area
7 m²
Floor
0 / 8
Yield analysis
Strong investment rating
Monthly payment102 €20% down payment · 20 yrs · 3%
Expected rent157 €at market conditions for the neighbourhood
The rent covers 154% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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▼ 8% · 2,000 €
- 25,000 €
- 23,000 €▼ 2,000 € (8%)
Property analysis
This garage/Parking is priced 70% above the typical price (the median) for comparable properties — 3,285 €/m² against 1,936 €/m².
With 20% down over 20 years the monthly mortgage payment is about 102 €, against an expected local rent of 157 €. The rent covers the whole payment (154%).
The asking price has fallen by 2,000 € (8%) since it was first listed.
Amenities
- Automatic Door
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.