+14% above market
median 2,207 €/m² for comparable properties
47,900 € 2,521 €/m²
Rent covers ~ 73% of the payment
~ 156 €/mo rent · you top up ~ 57 €/mo
Sale38,000 €2,111 €/m²
Expected rent156 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Centyr (42 properties)
Area
18 m²
Yield analysis
Fair investment rating
Monthly payment169 €20% down payment · 20 yrs · 3%
Expected rent156 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 13 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 15.6% · 7,000 €
- 45,000 €
- 40,000 €▼ 5,000 € (11.1%)
- 38,000 €▼ 2,000 € (5%)
Property analysis
This garage/Parking is priced at the typical price (the median) for garages/parking in Centyr (42 properties) — 2,111 €/m² against 2,207 €/m².
With 20% down over 20 years the monthly mortgage payment is about 169 €, against an expected local rent of 156 €. The rent covers 93% of it.
The asking price has fallen by 7,000 € (15.6%) since it was first listed.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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