At market level
median 1,607 €/m² for comparable properties
28,000 € 1,555 €/m²
Rent covers ~ 110% of the payment
~ 137 €/mo rent · pays for itself in ~ 17 yrs
Sale22,500 €900 €/m²
Expected rent137 € /mo
~17,500 € BELOW MARKET
far below market
against the median for garages/parking in Kolhozen Pazar (37 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
25 m²
Yield analysis
Good investment rating
Monthly payment100 €20% down payment · 20 yrs · 3%
Expected rent137 €at market conditions for the neighbourhood
The rent covers 137% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 17,500 € below the typical price (the median) for garages/parking in Kolhozen Pazar (37 properties) — 900 €/m² against 1,607 €/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 100 €, against an expected local rent of 137 €. The rent covers the whole payment (137%).
Source: Market statistics for garages/parking in Kolhozen Pazar
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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