−44% below market
median 1,492 €/m² for comparable properties
30,000 €833 €/m²
Rent covers ~ 75% of the payment
~ 100 €/mo rent · you top up ~ 33 €/mo
Sale17,000 €1,133 €/m²
Expected rent100 € /mo
Area
15 m²
Yield analysis
Good investment rating
Monthly payment75 €20% down payment · 20 yrs · 3%
Expected rent100 €at market conditions for the neighbourhood
The rent covers 133% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 26.1% · 6,000 €
- 23,000 €
- 20,000 €▼ 3,000 € (13%)
- 17,000 €▼ 3,000 € (15%)
Property analysis
This garage/Parking is priced 24% below the typical price (the median) for comparable properties — 1,133 €/m² against 1,492 €/m².
With 20% down over 20 years the monthly mortgage payment is about 75 €, against an expected local rent of 100 €. The rent covers the whole payment (133%).
The asking price has fallen by 6,000 € (26.1%) since it was first listed.
Details
- Category
- Commercial