Is a garage still a good investment? - Interesting data has arrived.
According to the latest analysis by zenga.hu, the number of cars in Hungary is constantly increasing, while the number of parking spaces in public areas is barely changing. This means that having a private garage or parking space is no longer just a convenience, but a valuable asset. The analysis also highlighted that the rental income from garages is currently not higher than the rental income from apartments.
While the number of cars on Hungarian roads is constantly increasing, the number of parking spaces in public areas remains relatively unchanged, making a private garage or parking space not only a convenience but also a valuable asset – according to the latest analysis by zenga.hu, which also presented average prices and rental rates. However, the news is not good for those looking to invest, as the return on investment from renting out garages is now no higher than that achievable from renting out a house.
