−62% below market
median 1,462 €/m² for comparable properties
21,000 € 552 €/m²
Rent covers ~ 117% of the payment
~ 109 €/mo rent · pays for itself in ~ 16 yrs
Sale23,000 €2,090 €/m²
Expected rent109 € /mo
Area
11 m²
Yield analysis
Fair investment rating
Monthly payment102 €20% down payment · 20 yrs · 3%
Expected rent109 €at market conditions for the neighbourhood
The rent covers 107% 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.
Price history
1 change since listing▼ 8% · 2,000 €
- 25,000 €
- 23,000 €▼ 2,000 € (8%)
Property analysis
This garage/Parking is priced 43% above the typical price (the median) for comparable properties — 2,090 €/m² against 1,462 €/m².
With 20% down over 20 years the monthly mortgage payment is about 102 €, against an expected local rent of 109 €. The rent covers the whole payment (107%).
The asking price has fallen by 2,000 € (8%) since it was first listed.
Amenities
- Elevator
- Access Control
- Electricity
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−10% below market
median 1,462 €/m² for comparable properties
38,000 € 1,310 €/m²
Rent covers ~ 65% of the payment
~ 109 €/mo rent · you top up ~ 60 €/mo
At market level
median 1,462 €/m² for comparable properties
19,000 € 1,461 €/m²
Rent covers ~ 129% of the payment
~ 109 €/mo rent · pays for itself in ~ 15 yrs
+61% above market
median 1,462 €/m² for comparable properties
39,900 € 2,347 €/m²
Rent covers ~ 62% of the payment
~ 109 €/mo rent · you top up ~ 68 €/mo
+14% above market
median 1,462 €/m² for comparable properties
25,000 € 1,666 €/m²
Rent covers ~ 98% of the payment
~ 109 €/mo rent · you top up ~ 2 €/mo