No market valuation
140,000 € 2,456 €/m²
No yield data
Appears once there's enough market data
Sale49,000 €1,225 €/m²
Expected rent960 € /mo
~9,000 € ABOVE MARKET
overpriced
against the median for shops in Kartala (11 properties)
Area
40 m²
Land Area
600 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment217 €20% down payment · 20 yrs · 3%
Expected rent960 €at market conditions for the neighbourhood
The rent covers 442% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This shop is priced about 9,000 € above the typical price (the median) for shops in Kartala (11 properties) — 1,225 €/m² against 1,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 217 €, against an expected local rent of 960 €. The rent covers the whole payment (442%).
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 11,000 €. It has been listed for 211 days.
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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