At market level
median 1,300 €/m² for comparable properties
18,000 € 1,384 €/m²
Rent covers ~ 131% of the payment
~ 105 €/mo rent · pays for itself in ~ 14 yrs
Sale31,990 €1,599 €/m²
Expected rent105 € /mo
~6,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Kaisieva Gradina (13 properties)
Area
20 m²
Floor
0 / 9
Yield analysis
Low investment rating
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent105 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 37 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 6,000 € above the typical price (the median) for garages/parking in Kaisieva Gradina (13 properties) — 1,599 €/m² against 1,300 €/m².
With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 105 €. The rent covers 74% of it.
Source: Market statistics for garages/parking in Kaisieva Gradina
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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