Warm garage parking space in Turku, rented, built 2020, Turku

Viewed 1,089 times

1 / 5Sold to highest bidder

For Sale

Please note that this is an automatic translation. In case of any discrepancies between the original and this translated version, the original version shall prevail.

Brokered sale: high-yield, pre-let warm garage parking space in Turku (rent €80/month).

Offered in an excellent location, only 2.9 km from Turku Market Square. The housing company was completed in 2020, so there are no renovation worries for a long time. As a newer build, the garage space is also wider than those in older garages – suitable for a larger car or a classic vehicle thanks to a sheltered end spot. The space belongs to a large garage used by residents of three housing companies – this ensures strong rental demand and low vacancy risk. The garage is accessible by lift or by the roller/overhead door, and the sale includes one remote control for the door. The garage has CCTV, so the space is well suited to storing valuable cars. The housing company has discussed installing charging infrastructure, but no decision has yet been made.

Suitable equally for an investor, a car enthusiast, or as a warm home spot for your own vehicle. This is a very low-maintenance and stable investment with rental income already in place.

For investors – key facts and yield outlook

• Low maintenance charge: €25.80/month

• Pre-let at €80/month

• Net cash flow: +€54.20/month from the start

• Excellent lettability: one large garage used by residents of three apartment blocks → continuous demand

• Owned plot – no leasehold land risks

• No housing company debt – you avoid special financing charges and rising interest rates

• Clear rent increase possibility: contract allows annual increases each January up to +€10/year

• Low cost structure + stable rent = Very good net yield

• A modern, spacious and secure garage attracts high-quality tenants

• Seller's guarantee: no maintenance charge arrears

Location: Seppelkatu 11 AH 61, 20720 Turku

YIT / the developer's list price was €18,000 each; all were sold. There is strong demand for parking spaces in Turku and resale value will likely rise in the future.

Interested? Please contact us to arrange a viewing. Contact: Christian Malinen +358 40 548 4142 / christianmalinen@hotmail.fi

Terms of Sale

The seller undertakes to sell the item to the highest bidder.

The item is sold as a transaction between users. Huutokaupat.com does not act as a party to the transaction.

Offers must be submitted by the stated deadline. The highest offer is the offer the seller has accepted as highest. The seller and buyer undertake to record all offers in the system. The bidder accepts these terms of sale when placing a bid. No earnest money will be paid for the lot.

Inspection of the property

The bidder has a duty, before making an offer, to inspect the parking space, the documents and the papers. The buyer may not later rely on a matter that could have been observed during the prior inspection.

Information provided by the seller

The seller warrants that they have provided the buyer with all information known to the seller that could reasonably be expected to affect the transaction.

Conclusion of the sale

The time and place for signing the deed of sale will be agreed with the buyer separately, but shortly after the auction ends. Payment of the purchase price and the share transfer take place at the signing.

Other costs
The buyer is responsible for the transfer tax of 1.5%.

Withdrawal from the sale

If the sale does not proceed due to the bidder's fault, the seller is entitled to a fixed compensation of €400.