−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
Sale17,900 €813 €/m²
Expected rent109 € /mo
~5,000 € BELOW MARKET
good value
against the median for garages/parking in Jeleznik - Iztok (14 properties)
Area
22 m²
Yield analysis
Good investment rating
Monthly payment79 €20% down payment · 20 yrs · 3%
Expected rent109 €at market conditions for the neighbourhood
The rent covers 137% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 about 5,000 € below the typical price (the median) for garages/parking in Jeleznik - Iztok (14 properties) — 813 €/m² against 1,040 €/m².
With 20% down over 20 years the monthly mortgage payment is about 79 €, against an expected local rent of 109 €. The rent covers the whole payment (137%).
Source: Market statistics for garages/parking in Jeleznik - Iztok
Amenities
- Automatic Door
- Elevator
- Access Control
- 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
At market level
median 1,040 €/m² for comparable properties
21,500 € 977 €/m²
Rent covers ~ 114% of the payment
~ 109 €/mo rent · pays for itself in ~ 16 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