−23% below market
median 761 €/m² for comparable properties
20,500 € 585 €/m²
Rent covers ~ 143% of the payment
~ 130 €/mo rent · pays for itself in ~ 13 yrs
Sale40,000 €2,500 €/m²
Expected rent130 € /mo
~28,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Cveten Kvartal (10 properties)
Area
16 m²
Yield analysis
Low investment rating
Monthly payment177 €20% down payment · 20 yrs · 3%
Expected rent130 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 47 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 28,000 € above the typical price (the median) for garages/parking in Cveten Kvartal (10 properties) — 2,500 €/m² against 761 €/m².
With 20% down over 20 years the monthly mortgage payment is about 177 €, against an expected local rent of 130 €. The rent covers 73% of it.
Source: Market statistics for garages/parking in Cveten Kvartal
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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