+38% above market
median 1,116 €/m² for comparable properties
20,000 € 1,538 €/m²
Rent covers ~ 134% of the payment
~ 119 €/mo rent · pays for itself in ~ 14 yrs
Sale16,500 €1,269 €/m²
Expected rent119 € /mo
~2,000 € ABOVE MARKET
above market
against the median for garages/parking in Vinica (35 properties)
Area
13 m²
Floor
0 / 4
Yield analysis
Strong investment rating
Monthly payment73 €20% down payment · 20 yrs · 3%
Expected rent119 €at market conditions for the neighbourhood
The rent covers 163% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 2,000 € above the typical price (the median) for garages/parking in Vinica (35 properties) — 1,269 €/m² against 1,116 €/m².
With 20% down over 20 years the monthly mortgage payment is about 73 €, against an expected local rent of 119 €. The rent covers the whole payment (163%).
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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No yield data
Appears once there's enough market data
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