−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
Sale27,000 €771 €/m²
Expected rent116 € /mo
~28,500 € BELOW MARKET
far below market
against the median for garages/parking in Briz (26 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
35 m²
Yield analysis
Fair investment rating
Monthly payment120 €20% down payment · 20 yrs · 3%
Expected rent116 €at market conditions for the neighbourhood
The rent covers 97% of the payment — you top up about 4 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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▲ 8% · 2,000 €
- 25,000 €
- 27,000 €▲ 2,000 € (8%)
Property analysis
This garage/Parking is priced about 28,500 € below the typical price (the median) for garages/parking in Briz (26 properties) — 771 €/m² against 1,589 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 120 €, against an expected local rent of 116 €. The rent covers 97% of it.
The asking price has risen by 2,000 € (8%) since it was first listed.
Amenities
- Automatic Door
- Access Control
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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