+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
Sale165,000 €1,601 €/m²
Expected rent512 € /mo
~47,500 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (348 properties)
Area
103 m²
Floor
2 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 220 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 47,500 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,601 €/m² against 1,143 €/m².
2-room apartment in Balchik, Dobrich region, located in a complex on the first line by the sea.
The layout includes a living room with a kitchenette and access to a terrace with sea views, as well as a bedroom with separate access to the same terrace.
The building is brick, with an elevator and controlled access, providing convenience and security.
The complex is situated right next to the coastal pedestrian promenade with restaurants and shops, which adds to the convenience for residents.
The property is suitable for year-round living or rental, combining functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 512 €. The rent covers 70% of it.
Pros and cons
AI summaryPros
- spacious terrace
- sea view
- controlled access
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Access Control
Details
- Category
- Residential
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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