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Those garages.
No-one bought them (surprise, surprise…), so the council has them on the market to rent.
Do a quick NPV calculation on the metrics (Cost: €42k, Revenue:€1.56k per annum) with a discount rate of 3% and you’re STILL negative to the tune of €20k after TWENTY YEARS.
(A word to the wise: If your NPV isn’t positive, you should be doing something else with your money.)
All €170k of it
You COULD go NPV-positive in about 20 years, but you’d have to charge €300 a month.
Not much less than you’d pay for a small-ish apartment….

