Buying a garage in Mechelen: what is the yield?

On 24 October 2026 there were 35 garages and parking spaces for sale in Mechelen, 30 of them in our medians. The median asking price is €28,750 and the median estimated rent €98 per month: 4.2% gross and 1.8% net after purchase costs. That is 0.3 percentage points below the national median net yield of 2.1%.

Key figures

Key figureValueNote
Listings analysed35of which 30 in the medians
Median asking price€28,750half between €24,625 and €34,750
Cheapest and most expensive€14,500 – €399,000
Median estimated rent€98 per month
Median gross yield4.2%
Median net yield1.8%half between 1.6% and 2.4%
Total purchase cost (median)€34,479asking price + registration duty + notary fees incl. VAT
Rent estimated at street or neighbourhood level31%

Which garages are for sale in Mechelen?

The offer consists of 57% lock-up box or closed parking, 30% covered space, 13% outdoor space. Lock-up box or closed parking is the largest segment (17 of 30 listings).

By type, covered space has the highest median net yield (2.0%) and lock-up box or closed parking the lowest (1.7%).

TypeListingsMedian priceMedian rentNet
Lock-up box or closed parking17€29,500€1001.7%
Covered space9€29,500€942.0%

Mechelen compared with the rest of Belgium

On net yield, Mechelen ranks 22 of 31 cities with at least 25 garage listings. In the ranking it sits next to Ghent (1.8%) and Ostend (1.7%).

The spread is narrow: half of the listings sit between 1.6% and 2.4% net, so the median is a reasonable guide.

Local context

Mechelen is in Flanders, where an investor pays the standard registration duty of 12%.

For 31% of the listings the rent is estimated from rental listings on the same street or within walking distance; for the rest the estimate falls back on the city (median of 21 garage rental listings) or on our model. Median asking rent in Mechelen: €99 for lock-up garage (9 listings), €95 for indoor parking (11 listings).

Garages with the highest net yield in Mechelen

A high figure can be a good deal, but also an asking price that is too low for a badly located or hardly usable space. Check every listing yourself; the links open the listing page with the calculation and a link to the original advertisement.

  1. #1 Covered parking space — KOUTER 4, 2811 Mechelen Leest
    €97,500 · €576 per month · 3.3% net
    View listing
  2. #2 Covered parking space — kouter 4, 2800 Mechelen
    €97,500 · €576 per month · 3.3% net
    View listing
  3. #3 Covered parking space — Lange Pennincstraat 4, 2800 Mechelen
    €14,500 · €91 per month · 3.1% net
    View listing
  4. #4 Outdoor parking space — Koningin Astridlaan 148, 2800 Mechelen
    €20,500 · €109 per month · 3.1% net
    View listing
  5. #5 Outdoor parking space — Koningin Astridlaan 146-148, 2800 Mechelen
    €22,500 · €109 per month · 2.8% net
    View listing

Questions and answers

What is the yield of a garage in Mechelen?
On 24 October 2026 the median gross yield was 4.2% and the median net yield 1.8% (30 garages and parking spaces). Nationally it is 4.4% gross and 2.1% net.
How much does a garage in Mechelen cost?
The median asking price is €28,750; half cost between €24,625 and €34,750, with extremes from €14,500 to €399,000. With registration duty and notary fees that is about €34,479 (19.9% on top of the price).
How much rent does a garage or parking space in Mechelen bring in?
The median estimated rent is €98 per month, or €1,176 per year before costs and vacancy.
Is a garage in Mechelen a good investment?
That depends on the listing and the price. The median net yield is 1.8%, lower than the national 2.1%. These are estimates based on asking prices and not investment advice.

National garage guide

Costs, tax and risks are explained in the national guide: Parking investment guide

How we calculate

For every listing we estimate the rent from comparable rental listings: first on the same street, then nearby, then city-wide, and only when that is not enough with a model. Gross yield is the annual rent divided by the asking price. Net yield accounts for registration duty, notary fees including VAT, 5% vacancy, property tax, insurance, service charges and maintenance, for a cash purchase. The median error of the rent estimate for garages is 15.0%. Read the full methodology.

Garage guides for other cities

This page in other languages

Data from 24 October 2026. Estimates based on asking prices and estimated rents; not investment, tax or legal advice.