+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
Sale43,000 €1,343 €/m²
Expected rent512 € /mo
~6,500 € ABOVE MARKET
above market
against the median for apartments in Balchik (348 properties)
Area
32 m²
Floor
3 / 3
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment191 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 268% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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 6,500 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,343 €/m² against 1,143 €/m².
Studio apartment with an area of 32 sq m, located in Balchik, Dobrich region. The property is on the third floor of a brick building from 2010 with a shared pool and parking.
The layout includes an entrance hall, spacious bedroom, bathroom with toilet, and a terrace with sea view. The interior space is compact and functional for a one-room property.
The building is well maintained, with quality construction and amenities such as parking and a pool. The maintenance fee is low – 11 euros per month.
The location is close to the Palace and the Botanical Garden, as well as shops, restaurants, and a bus stop, providing convenience for daily needs and accessibility.
The property is suitable for holiday use or investment for rental purposes due to the combination of location and amenities.
With 20% down over 20 years the monthly mortgage payment is about 191 €, against an expected local rent of 512 €. The rent covers the whole payment (268%).
Pros and cons
AI summaryPros
- terrace with sea view
- parking
- pool
- good location
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
Amenities
- With Parking
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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