At market level
median 1,967 €/m² for comparable properties
59,000 € 1,966 €/m²
Rent covers ~ 56% of the payment
~ 147 €/mo rent · you top up ~ 115 €/mo
Sale94,000 €1,010 €/m²
Expected rent147 € /mo
~89,000 € BELOW MARKET
far below market
against the median for garages/parking in Banishora (17 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
93 m²
Yield analysis
Low investment rating
Monthly payment417 €20% down payment · 20 yrs · 3%
Expected rent147 €at market conditions for the neighbourhood
The rent covers 35% of the payment — you top up about 270 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 53 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 89,000 € below the typical price (the median) for garages/parking in Banishora (17 properties) — 1,010 €/m² against 1,967 €/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 417 €, against an expected local rent of 147 €. The rent covers 35% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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