At market level
median 1,300 €/m² for comparable properties
18,000 € 1,384 €/m²
Rent covers ~ 133% of the payment
~ 106 €/mo rent · pays for itself in ~ 14 yrs
Sale11,500 €958 €/m²
Expected rent106 € /mo
~4,000 € BELOW MARKET
good value
against the median for garages/parking in Kaisieva Gradina (13 properties)
Area
12 m²
Floor
0 / 5
Yield analysis
Strong investment rating
Monthly payment51 €20% down payment · 20 yrs · 3%
Expected rent106 €at market conditions for the neighbourhood
The rent covers 208% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 4,000 € below the typical price (the median) for garages/parking in Kaisieva Gradina (13 properties) — 958 €/m² against 1,300 €/m².
With 20% down over 20 years the monthly mortgage payment is about 51 €, against an expected local rent of 106 €. The rent covers the whole payment (208%).
Source: Market statistics for garages/parking in Kaisieva Gradina
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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