At market level
median 2,344 €/m² for comparable properties
39,999 € 2,499 €/m²
Rent covers ~ 89% of the payment
~ 158 €/mo rent · you top up ~ 19 €/mo
Sale37,500 €1,630 €/m²
Expected rent158 € /mo
Area
23 m²
Yield analysis
Fair investment rating
Monthly payment166 €20% down payment · 20 yrs · 3%
Expected rent158 €at market conditions for the neighbourhood
The rent covers 95% of the payment — you top up about 8 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 31% below the typical price (the median) for comparable properties — 1,630 €/m² against 2,344 €/m².
With 20% down over 20 years the monthly mortgage payment is about 166 €, against an expected local rent of 158 €. The rent covers 95% of it.
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 2,344 €/m² for comparable properties
45,000 € 2,250 €/m²
Rent covers ~ 79% of the payment
~ 158 €/mo rent · you top up ~ 42 €/mo
−16% below market
median 2,344 €/m² for comparable properties
59,000 € 1,966 €/m²
Rent covers ~ 60% of the payment
~ 158 €/mo rent · you top up ~ 104 €/mo
At market level
median 2,344 €/m² for comparable properties
37,500 € 2,343 €/m²
Rent covers ~ 95% of the payment
~ 158 €/mo rent · you top up ~ 8 €/mo
At market level
median 2,344 €/m² for comparable properties
38,000 € 2,533 €/m²
Rent covers ~ 94% of the payment
~ 158 €/mo rent · you top up ~ 11 €/mo
At market level
62,000 € 2,583 €/m²
Rent covers ~ 57% of the payment
~ 158 €/mo rent · you top up ~ 117 €/mo