At market level
median 1,607 €/m² for comparable properties
28,000 € 1,555 €/m²
Rent covers ~ 110% of the payment
~ 137 €/mo rent · pays for itself in ~ 17 yrs
Sale32,000 €1,454 €/m²
Expected rent137 € /mo
~3,500 € BELOW MARKET
good value
against the median for garages/parking in Kolhozen Pazar (37 properties)
Area
22 m²
Floor
0 / 6
Yield analysis
Fair investment rating
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent137 €at market conditions for the neighbourhood
The rent covers 96% of the payment — you top up about 5 €/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.
Price history
1 change since listing▼ 17.9% · 7,000 €
- 39,000 €
- 32,000 €▼ 7,000 € (17.9%)
Property analysis
This garage/Parking is priced about 3,500 € below the typical price (the median) for garages/parking in Kolhozen Pazar (37 properties) — 1,454 €/m² against 1,607 €/m².
With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 137 €. The rent covers 96% of it.
The asking price has fallen by 7,000 € (17.9%) since it was first listed.
Source: Market statistics for garages/parking in Kolhozen Pazar
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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