+69% above market
median 1,143 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale38,000 €1,266 €/m²
Expected rent512 € /mo
~3,500 € ABOVE MARKET
above market
against the median for apartments in Balchik (348 properties)
Area
30 m²
Floor
1 / 3
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment169 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 304% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 3,500 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,266 €/m² against 1,143 €/m².
Studio apartment with an area of 30 sq m, located in Balchik, Dobrich region. The property is situated on the first floor of a brick building from 1980 in a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 169 €, against an expected local rent of 512 €. The rent covers the whole payment (304%).
Pros and cons
AI summaryPros
- gated complex
- near the sea
- parking space
- renovated
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- terrace
Amenities
- With Parking
- Renovated
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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