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
Sale16,500 €1,100 €/m²
Expected rent106 € /mo
~3,000 € BELOW MARKET
good value
against the median for garages/parking in Kaisieva Gradina (13 properties)
Area
15 m²
Floor
0 / 5
Yield analysis
Good investment rating
Monthly payment73 €20% down payment · 20 yrs · 3%
Expected rent106 €at market conditions for the neighbourhood
The rent covers 145% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 3,000 € below the typical price (the median) for garages/parking in Kaisieva Gradina (13 properties) — 1,100 €/m² against 1,300 €/m².
With 20% down over 20 years the monthly mortgage payment is about 73 €, against an expected local rent of 106 €. The rent covers the whole payment (145%).
Source: Market statistics for garages/parking in Kaisieva Gradina
Details
- Category
- Commercial
Location
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