Buying a garage in Saint-Gilles: what is the yield?

On 26 October 2026 there were 46 garages and parking spaces for sale in Saint-Gilles, 40 of them in our medians. The median asking price is €25,500 and the median estimated rent €116 per month: 6.0% gross and 3.0% net after purchase costs. That is 0.9 percentage points above the national median net yield of 2.1%, partly because the median asking price is below the national €30,000.

Key figures

Key figureValueNote
Listings analysed46of which 40 in the medians
Median asking price€25,500half between €19,875 and €38,000
Cheapest and most expensive€12,500 – €700,000
Median estimated rent€116 per month
Median gross yield6.0%
Median net yield3.0%half between 2.5% and 4.0%
Total purchase cost (median)€30,877asking price + registration duty + notary fees incl. VAT
Rent estimated at street or neighbourhood level61%

Which garages are for sale in Saint-Gilles?

The offer consists of 85% covered space, 10% lock-up box or closed parking, 5% outdoor space. Covered space is the largest segment (34 of 40 listings).

There are too few listings per segment for a breakdown by type (at least 5 needed).

TypeListingsMedian priceMedian rentNet
Covered space34€27,000€1162.9%

Saint-Gilles compared with the rest of Belgium

On net yield, Saint-Gilles ranks 2 of 31 cities with at least 25 garage listings. In the ranking it sits next to Anderlecht (3.4%) and Schaerbeek (3.0%).

The spread is narrow: half of the listings sit between 2.5% and 4.0% net, so the median is a reasonable guide.

Local context

Saint-Gilles is in the Brussels Region, where an investor pays 12.5% registration duty.

For 61% 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 14 garage rental listings) or on our model. Median asking rent in Saint-Gilles: €120 for indoor parking (11 listings).

Garages with the highest net yield in Saint-Gilles

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 — Livourne 11, 1060 Saint-Gilles
    €135,000 · €1,287 per month · 6.1% net
    View listing
  2. #2 Lock-up parking — Avenue de la Porte de Hal 22, 1060 Saint-Gilles
    €15,000 · €128 per month · 5.3% net
    View listing
  3. #3 Lock-up garage — Chaussée de Charleroi 24, 1060 Saint-Gilles
    €19,500 · €144 per month · 4.9% net
    View listing
  4. #4 Covered parking space — Rue de Livourne 7, 1060 Saint-Gilles
    €15,000 · €117 per month · 4.6% net
    View listing
  5. #5 Covered parking space — Rue Fontainas 5, 1060 Saint-Gilles
    €18,000 · €130 per month · 4.6% net
    View listing

Questions and answers

What is the yield of a garage in Saint-Gilles?
On 26 October 2026 the median gross yield was 6.0% and the median net yield 3.0% (40 garages and parking spaces). Nationally it is 4.4% gross and 2.1% net.
How much does a garage in Saint-Gilles cost?
The median asking price is €25,500; half cost between €19,875 and €38,000, with extremes from €12,500 to €700,000. With registration duty and notary fees that is about €30,877 (21.1% on top of the price).
How much rent does a garage or parking space in Saint-Gilles bring in?
The median estimated rent is €116 per month, or €1,392 per year before costs and vacancy.
Is a garage in Saint-Gilles a good investment?
That depends on the listing and the price. The median net yield is 3.0%, higher 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 26 October 2026. Estimates based on asking prices and estimated rents; not investment, tax or legal advice.