+12% above market
median 1,130 €/m² for comparable properties
38,000 € 1,266 €/m²
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
Sale39,500 €877 €/m²
Expected rent512 € /mo
~11,500 € BELOW MARKET
good value
against the median for apartments in Balchik (339 properties)
Area
45 m²
Floor
1 / 4
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment175 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 292% 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.
Price history
1 change since listing▼ 6% · 2,500 €
- 42,000 €
- 39,500 €▼ 2,500 € (6%)
Property analysis
This apartment is priced about 11,500 € below the typical price (the median) for apartments in Balchik (339 properties) — 877 €/m² against 1,130 €/m².
Apartment with an area of 45 sq m, located on the first floor in a complex in Balchik, Dobrich region.
Layout includes a main room with space for a living area, sleeping corner and kitchen area, as well as a bathroom with toilet.
The building is brick from 2008, with maintained common areas and provided amenities such as parking, internet and video surveillance.
The complex offers an outdoor swimming pool and is located near the Botanical Garden, the Palace and the sea.
Suitable for permanent residence or as a holiday property with good location and amenities.
With 20% down over 20 years the monthly mortgage payment is about 175 €, against an expected local rent of 512 €. The rent covers the whole payment (292%).
The asking price has fallen by 2,500 € (6%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- parking
- pool
- close to nature
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
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
- one-room 45 sq m
Amenities
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
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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