+17% above market
median 2,304 €/m² for comparable properties
35,000 € 2,692 €/m²
Rent covers ~ 108% of the payment
~ 168 €/mo rent · pays for itself in ~ 17 yrs
Sale26,100 €2,175 €/m²
Expected rent168 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Centyr (46 properties)
Area
12 m²
Yield analysis
Good investment rating
Monthly payment116 €20% down payment · 20 yrs · 3%
Expected rent168 €at market conditions for the neighbourhood
The rent covers 145% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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▼ 5.4% · 1,500 €
- 27,600 €
- 26,100 €▼ 1,500 € (5.4%)
Property analysis
This garage/Parking is priced at the typical price (the median) for garages/parking in Centyr (46 properties) — 2,175 €/m² against 2,304 €/m².
With 20% down over 20 years the monthly mortgage payment is about 116 €, against an expected local rent of 168 €. The rent covers the whole payment (145%).
The asking price has fallen by 1,500 € (5.4%) since it was first listed.
Amenities
- Automatic Door
- Elevator
- Access Control
- Security
- Lit
Details
- Category
- Commercial
Location
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