+30% above market
median 2,111 €/m² for comparable properties
55,000 € 2,750 €/m²
Rent covers ~ 54% of the payment
~ 131 €/mo rent · you top up ~ 113 €/mo
Sale29,000 €1,115 €/m²
Expected rent131 € /mo
~26,000 € BELOW MARKET
far below market
against the median for garages/parking in Manastirski Livadi (52 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
26 m²
Floor
1 / 5
Heating
Gas
Yield analysis
Fair investment rating
Monthly payment129 €20% down payment · 20 yrs · 3%
Expected rent131 €at market conditions for the neighbourhood
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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▼ 6.5% · 2,000 €
- 31,000 €
- 29,000 €▼ 2,000 € (6.5%)
Property analysis
This garage/Parking is priced about 26,000 € below the typical price (the median) for garages/parking in Manastirski Livadi (52 properties) — 1,115 €/m² against 2,111 €/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 129 €, against an expected local rent of 131 €. The rent covers the whole payment (102%).
The asking price has fallen by 2,000 € (6.5%) since it was first listed.
Source: Market statistics for garages/parking in Manastirski Livadi
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 2,111 €/m² for comparable properties
38,000 € 2,111 €/m²
Rent covers ~ 78% of the payment
~ 131 €/mo rent · you top up ~ 38 €/mo
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At market level
median 2,111 €/m² for comparable properties
55,000 € 2,291 €/m²
Rent covers ~ 54% of the payment
~ 131 €/mo rent · you top up ~ 113 €/mo
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Rent covers ~ 33% of the payment
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