−22% below market
median 1,040 €/m² for comparable properties
17,900 € 813 €/m²
Rent covers ~ 137% of the payment
~ 109 €/mo rent · pays for itself in ~ 14 yrs
Sale21,500 €977 €/m²
Expected rent109 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Jeleznik - Iztok (14 properties)
Area
22 m²
Yield analysis
Good investment rating
Monthly payment95 €20% down payment · 20 yrs · 3%
Expected rent109 €at market conditions for the neighbourhood
The rent covers 114% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for garages/parking in Jeleznik - Iztok (14 properties) — 977 €/m² against 1,040 €/m².
With 20% down over 20 years the monthly mortgage payment is about 95 €, against an expected local rent of 109 €. The rent covers the whole payment (114%).
Source: Market statistics for garages/parking in Jeleznik - Iztok
Amenities
- Automatic Door
- Water
- Separate Electricity Meter
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−30% below market
median 1,040 €/m² for comparable properties
19,000 € 730 €/m²
Rent covers ~ 129% of the payment
~ 109 €/mo rent · pays for itself in ~ 15 yrs
−14% below market
median 1,040 €/m² for comparable properties
26,000 € 1,000 €/m²
Rent covers ~ 94% of the payment
~ 109 €/mo rent · you top up ~ 6 €/mo