−37% below market
median 1,589 €/m² for comparable properties
25,000 € 1,000 €/m²
Rent covers ~ 102% of the payment
~ 113 €/mo rent · pays for itself in ~ 18 yrs
Sale15,500 €1,291 €/m²
Expected rent113 € /mo
Area
12 m²
Floor
0 / 1
Yield analysis
Strong investment rating
Monthly payment69 €20% down payment · 20 yrs · 3%
Expected rent113 €at market conditions for the neighbourhood
The rent covers 164% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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▼ 20.5% · 4,000 €
- 19,500 €
- 16,500 €▼ 3,000 € (15.4%)
- 15,500 €▼ 1,000 € (6.1%)
Property analysis
This garage/Parking is priced 14% below the typical price (the median) for comparable properties — 1,375 €/m² against 1,589 €/m².
With 20% down over 20 years the monthly mortgage payment is about 69 €, against an expected local rent of 113 €. The rent covers the whole payment (164%).
The asking price has fallen by 4,000 € (20.5%) 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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