−30% below market
median 1,829 €/m² for comparable properties
23,000 € 1,277 €/m²
Rent covers ~ 125% of the payment
~ 128 €/mo rent · pays for itself in ~ 15 yrs
Sale29,900 €1,300 €/m²
Expected rent128 € /mo
~12,000 € BELOW MARKET
good value
against the median for garages/parking in Grand Mol (9 properties)
Area
23 m²
Yield analysis
Fair investment rating
Monthly payment133 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 96% of the payment — you top up about 5 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 2% · 600 €
- 30,500 €
- 29,900 €▼ 600 € (2%)
Property analysis
This garage/Parking is priced about 12,000 € below the typical price (the median) for garages/parking in Grand Mol (9 properties) — 1,300 €/m² against 1,829 €/m².
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 128 €. The rent covers 96% of it.
The asking price has fallen by 600 € (2%) 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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