+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
Sale60,000 €1,714 €/m²
Expected rent512 € /mo
~20,000 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (348 properties)
Area
35 m²
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment266 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 192% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 20,000 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,714 €/m² against 1,143 €/m².
Studio apartment with an area of 35 sq m, located on the 3rd floor in the Mini Smart complex in Balchik, Dobrich region.
The layout is open-plan, suitable for short-term or long-term use, with a west aspect, providing natural light in the afternoon.
The building is brick from 2010, with controlled access and security, and the property is offered furnished with an included parking space.
The complex features a swimming pool and barbecue area, is close to the sea, and is suitable for seasonal recreation or investment through rental.
The property is a functional choice for people seeking convenience and flexible use in the seaside area of Balchik.
With 20% down over 20 years the monthly mortgage payment is about 266 €, against an expected local rent of 512 €. The rent covers the whole payment (192%).
Pros and cons
AI summaryPros
- furnished
- parking space
- pool in complex
- controlled access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- studio 35 sq m
Exposure
AI summaryWWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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