−19% below market
median 1,589 €/m² for comparable properties
15,500 € 1,291 €/m²
Rent covers ~ 169% of the payment
~ 116 €/mo rent · pays for itself in ~ 11 yrs
Sale25,000 €2,083 €/m²
Expected rent116 € /mo
~6,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Briz (26 properties)
Area
12 m²
Yield analysis
Fair investment rating
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent116 €at market conditions for the neighbourhood
The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 Briz (26 properties) — 2,083 €/m² against 1,589 €/m².
With 20% down over 20 years the monthly mortgage payment is about 111 €, against an expected local rent of 116 €. The rent covers the whole payment (105%).
Amenities
- Automatic Door
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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