median 2,304 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 168 €/mo rent · pays for itself in ~ 17 yrs
~44,500 € BELOW MARKET
far below market
against the median for garages/parking in Centyr (46 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This garage/Parking is priced about 44,500 € below the typical price (the median) for garages/parking in Centyr (46 properties) — 1,000 €/m² against 2,304 €/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 151 €, against an expected local rent of 168 €. The rent covers the whole payment (111%).
The asking price has risen by 2,000 € (6.3%) since it was first listed.
median 2,304 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 168 €/mo rent · pays for itself in ~ 17 yrs
median 2,304 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 168 €/mo rent · you top up ~ 76 €/mo
median 2,304 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 168 €/mo rent · you top up ~ 9 €/mo
median 2,304 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 168 €/mo rent · pays for itself in ~ 15 yrs
median 2,304 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 168 €/mo rent · you top up ~ 27 €/mo
median 2,304 €/m² for comparable properties
Rent covers ~ 140% of the payment
~ 168 €/mo rent · pays for itself in ~ 13 yrs
median 2,304 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 168 €/mo rent · you top up ~ 62 €/mo
median 2,304 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 168 €/mo rent · you top up ~ 187 €/mo