−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
Sale21,000 €552 €/m²
Expected rent109 € /mo
Area
38 m²
Yield analysis
Good investment rating
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent109 €at market conditions for the neighbourhood
The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 62% below the typical price (the median) for comparable properties — 552 €/m² against 1,462 €/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 93 €, against an expected local rent of 109 €. The rent covers the whole payment (117%).
Amenities
- Elevator
- Lit
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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
+56% above market
median 1,462 €/m² for comparable properties
25,000 € 2,272 €/m²
Rent covers ~ 98% of the payment
~ 109 €/mo rent · you top up ~ 2 €/mo