median 2,133 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 128 €/mo rent · you top up ~ 49 €/mo
~28,000 € BELOW MARKET
far below market
against the median for garages/parking in Operata (12 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 170% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This garage/Parking is priced about 28,000 € below the typical price (the median) for garages/parking in Operata (12 properties) — 809 €/m² against 2,133 €/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 75 €, against an expected local rent of 128 €. The rent covers the whole payment (170%).
The asking price has fallen by 3,000 € (15%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,133 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 128 €/mo rent · you top up ~ 49 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 32% of the payment
~ 128 €/mo rent · you top up ~ 269 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 128 €/mo rent · you top up ~ 49 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 38% of the payment
~ 128 €/mo rent · you top up ~ 205 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 128 €/mo rent · you top up ~ 120 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 128 €/mo rent · you top up ~ 103 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 128 €/mo rent · you top up ~ 85 €/mo
median 2,133 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 128 €/mo rent · you top up ~ 116 €/mo