+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
Sale46,000 €1,121 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (348 properties)
Area
41 m²
Floor
2 / 3
Construction
Brick
Year
2018
Yield analysis
Strong investment rating
Monthly payment204 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 251% 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 at the typical price (the median) for apartments in Balchik (348 properties) — 1,121 €/m² against 1,143 €/m².
With 20% down over 20 years the monthly mortgage payment is about 204 €, against an expected local rent of 512 €. The rent covers the whole payment (251%).
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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