−14% below market
median 1,589 €/m² for comparable properties
15,500 € 1,291 €/m²
Rent covers ~ 164% of the payment
~ 113 €/mo rent · pays for itself in ~ 11 yrs
Sale26,000 €1,857 €/m²
Expected rent113 € /mo
~4,000 € ABOVE MARKET
above market
against the median for garages/parking in Briz (26 properties)
Area
14 m²
Yield analysis
Fair investment rating
Monthly payment115 €20% down payment · 20 yrs · 3%
Expected rent113 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 2 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 4,000 € above the typical price (the median) for garages/parking in Briz (26 properties) — 1,857 €/m² against 1,589 €/m².
With 20% down over 20 years the monthly mortgage payment is about 115 €, against an expected local rent of 113 €. The rent covers 98% of it.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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