At market level
median 773 €/m² for comparable properties
255,000 € 772 €/m²
Rent covers ~ 11% of the payment
~ 128 €/mo rent · you top up ~ 1,003 €/mo
Sale28,000 €1,866 €/m²
Expected rent128 € /mo
Area
15 m²
Floor
0 / 6
Yield analysis
Fair investment rating
Monthly payment124 €20% down payment · 20 yrs · 3%
Expected rent128 €at market conditions for the neighbourhood
The rent covers 103% 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 142% above the typical price (the median) for comparable properties — 1,866 €/m² against 773 €/m².
With 20% down over 20 years the monthly mortgage payment is about 124 €, against an expected local rent of 128 €. The rent covers the whole payment (103%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+170% above market
median 773 €/m² for comparable properties
25,000 € 2,083 €/m²
Rent covers ~ 115% of the payment
~ 128 €/mo rent · pays for itself in ~ 16 yrs