+98% above market
median 1,562 €/m² for comparable properties
61,990 € 3,099 €/m²
Rent covers ~ 45% of the payment
~ 123 €/mo rent · you top up ~ 152 €/mo
Sale13,500 €1,125 €/m²
Expected rent123 € /mo
Area
12 m²
Yield analysis
Strong investment rating
Monthly payment60 €20% down payment · 20 yrs · 3%
Expected rent123 €at market conditions for the neighbourhood
The rent covers 205% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 28% below the typical price (the median) for comparable properties — 1,125 €/m² against 1,562 €/m².
With 20% down over 20 years the monthly mortgage payment is about 60 €, against an expected local rent of 123 €. The rent covers the whole payment (205%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,562 €/m² for comparable properties
25,000 € 1,562 €/m²
Rent covers ~ 111% of the payment
~ 123 €/mo rent · pays for itself in ~ 17 yrs
+28% above market
median 1,562 €/m² for comparable properties
40,000 € 2,000 €/m²
Rent covers ~ 69% of the payment
~ 123 €/mo rent · you top up ~ 54 €/mo