At market level
19,000 € 1,583 €/m²
Rent covers ~ 210% of the payment
~ 177 €/mo rent · pays for itself in ~ 9 yrs
Sale35,000 €2,692 €/m²
Expected rent177 € /mo
Area
13 m²
Floor
1 / 6
Yield analysis
Good investment rating
Monthly payment155 €20% down payment · 20 yrs · 3%
Expected rent177 €at market conditions for the neighbourhood
The rent covers 114% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 — 2,692 €/m² against 2,692 €/m².
With 20% down over 20 years the monthly mortgage payment is about 155 €, against an expected local rent of 177 €. The rent covers the whole payment (114%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.