median 3,000 €/m² for comparable properties
Rent covers ~ 246% of the payment
~ 164 €/mo rent · pays for itself in ~ 8 yrs
~260,000 € BELOW MARKET
far below market
against the median for garages/parking in Lozenec (28 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Low investment rating
The rent covers 43% of the payment — you top up about 213 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 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 260,000 € below the typical price (the median) for garages/parking in Lozenec (28 properties) — 739 €/m² against 3,000 €/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 377 €, against an expected local rent of 164 €. The rent covers 43% of it.
The asking price has fallen by 11,000 € (11.5%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 3,000 €/m² for comparable properties
Rent covers ~ 246% of the payment
~ 164 €/mo rent · pays for itself in ~ 8 yrs
median 3,000 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 164 €/mo rent · you top up ~ 124 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 164 €/mo rent · you top up ~ 89 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 34% of the payment
~ 164 €/mo rent · you top up ~ 320 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 164 €/mo rent · you top up ~ 235 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 31% of the payment
~ 164 €/mo rent · you top up ~ 368 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 43% of the payment
~ 164 €/mo rent · you top up ~ 213 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 164 €/mo rent · pays for itself in ~ 15 yrs