+68% above market
median 977 €/m² for comparable properties
29,500 € 1,638 €/m²
Rent covers ~ 83% of the payment
~ 109 €/mo rent · you top up ~ 22 €/mo
Sale19,000 €730 €/m²
Expected rent109 € /mo
Area
26 m²
Yield analysis
Good investment rating
Monthly payment84 €20% down payment · 20 yrs · 3%
Expected rent109 €at market conditions for the neighbourhood
The rent covers 129% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 25% below the typical price (the median) for comparable properties — 730 €/m² against 977 €/m².
With 20% down over 20 years the monthly mortgage payment is about 84 €, against an expected local rent of 109 €. The rent covers the whole payment (129%).
Source: Market statistics for garages/parking in Jeleznik - Iztok
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−17% below market
median 977 €/m² for comparable properties
17,900 € 813 €/m²
Rent covers ~ 137% of the payment
~ 109 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 977 €/m² for comparable properties
21,500 € 977 €/m²
Rent covers ~ 114% of the payment
~ 109 €/mo rent · pays for itself in ~ 16 yrs
−8% below market
median 977 €/m² for comparable properties
26,000 € 1,000 €/m²
Rent covers ~ 94% of the payment
~ 109 €/mo rent · you top up ~ 6 €/mo