Me! Me! Oh Me!! hehehe..
You're right. "Cubierto" means 'covered' and "Aparcamiento" means 'parking'. Put 'em together and what've you got? Fiddle-dee Faddle-dee Foo. (or something like that).
Acutally, it means "covered parking" or "parking garage", probably multilevel or underground. It means it's not a parking lot open to the elements.
Saludos, MadridMan
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