−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
Sale36,500 €1,586 €/m²
Expected rent116 € /mo
AT MARKET LEVEL
fairly priced
against the median for garages/parking in Briz (26 properties)
Area
23 m²
Yield analysis
Low investment rating
Monthly payment162 €20% down payment · 20 yrs · 3%
Expected rent116 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 46 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 at the typical price (the median) for garages/parking in Briz (26 properties) — 1,586 €/m² against 1,589 €/m².
With 20% down over 20 years the monthly mortgage payment is about 162 €, against an expected local rent of 116 €. The rent covers 72% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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