−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
Sale30,000 €2,142 €/m²
Expected rent116 € /mo
~8,000 € ABOVE MARKET
overpriced
against the median for garages/parking in Briz (26 properties)
Area
14 m²
Floor
0 / 5
Yield analysis
Fair investment rating
Monthly payment133 €20% down payment · 20 yrs · 3%
Expected rent116 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 17 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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▲ 11.1% · 3,000 €
- 27,000 €
- 30,000 €▲ 3,000 € (11.1%)
Property analysis
This garage/Parking is priced about 8,000 € above the typical price (the median) for garages/parking in Briz (26 properties) — 2,142 €/m² against 1,589 €/m².
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 116 €. The rent covers 87% of it.
The asking price has risen by 3,000 € (11.1%) 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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