At market level
median 1,175 €/m² for comparable properties
25,000 € 1,136 €/m²
Rent covers ~ 131% of the payment
~ 145 €/mo rent · pays for itself in ~ 14 yrs
Sale20,999 €1,049 €/m²
Expected rent145 € /mo
Area
20 m²
Floor
0 / 5
Yield analysis
Strong investment rating
Monthly payment93 €20% down payment · 20 yrs · 3%
Expected rent145 €at market conditions for the neighbourhood
The rent covers 156% 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.
Price history
3 changes since listing▼ 12.5% · 3,001 €
- 24,000 €
- 23,000 €▼ 1,000 € (4.2%)
- 22,000 €▼ 1,000 € (4.3%)
- 20,999 €▼ 1,001 € (4.5%)
Property analysis
This garage/Parking is priced 11% below the typical price (the median) for comparable properties — 1,049 €/m² against 1,175 €/m².
With 20% down over 20 years the monthly mortgage payment is about 93 €, against an expected local rent of 145 €. The rent covers the whole payment (156%).
The asking price has fallen by 3,001 € (12.5%) since it was first listed.
Amenities
- Automatic Door
Details
- Category
- Commercial
Location
Similar properties nearby
At market level
median 1,175 €/m² for comparable properties
23,500 € 1,175 €/m²
Rent covers ~ 139% of the payment
~ 145 €/mo rent · pays for itself in ~ 14 yrs
+16% above market
median 1,175 €/m² for comparable properties
19,000 € 1,357 €/m²
Rent covers ~ 172% of the payment
~ 145 €/mo rent · pays for itself in ~ 11 yrs
+13% above market
median 1,175 €/m² for comparable properties
20,000 € 1,333 €/m²
Rent covers ~ 163% of the payment
~ 145 €/mo rent · pays for itself in ~ 11 yrs