At market level
median 722 €/m² for comparable properties
14,000 € 736 €/m²
Rent covers ~ 130% of the payment
~ 81 €/mo rent · pays for itself in ~ 14 yrs
Sale12,000 €705 €/m²
Expected rent81 € /mo
Area
17 m²
Yield analysis
Strong investment rating
Monthly payment53 €20% down payment · 20 yrs · 3%
Expected rent81 €at market conditions for the neighbourhood
The rent covers 152% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 comparable properties — 705 €/m² against 722 €/m².
With 20% down over 20 years the monthly mortgage payment is about 53 €, against an expected local rent of 81 €. The rent covers the whole payment (152%).
Source: Market statistics for garages/parking in Kazanski - Iztok
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 722 €/m² for comparable properties
13,000 € 722 €/m²
Rent covers ~ 140% of the payment
~ 81 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 722 €/m² for comparable properties
12,000 € 666 €/m²
Rent covers ~ 152% of the payment
~ 81 €/mo rent · pays for itself in ~ 12 yrs
At market level
median 722 €/m² for comparable properties
21,000 € 750 €/m²
Rent covers ~ 87% of the payment
~ 81 €/mo rent · you top up ~ 12 €/mo