−19% below market
median 1,589 €/m² for comparable properties
15,500 € 1,291 €/m²
Rent covers ~ 164% of the payment
~ 113 €/mo rent · pays for itself in ~ 11 yrs
Sale12,000 €750 €/m²
Expected rent113 € /mo
~13,500 € BELOW MARKET
far below market
against the median for garages/parking in Briz (26 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
16 m²
Yield analysis
Strong investment rating
Monthly payment53 €20% down payment · 20 yrs · 3%
Expected rent113 €at market conditions for the neighbourhood
The rent covers 212% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 13,500 € below the typical price (the median) for garages/parking in Briz (26 properties) — 750 €/m² against 1,589 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 53 €, against an expected local rent of 113 €. The rent covers the whole payment (212%).
Amenities
- Automatic Door
- Access Control
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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