+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
Sale58,000 €1,160 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (348 properties)
Area
50 m²
Floor
1 / 3
Construction
Brick
Year
2024
Yield analysis
Strong investment rating
Monthly payment257 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 199% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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) — 1,160 €/m² against 1,143 €/m².
With 20% down over 20 years the monthly mortgage payment is about 257 €, against an expected local rent of 512 €. The rent covers the whole payment (199%).
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 262 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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.
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Gated Community
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,143 €/m² for comparable properties
105,000 € 1,153 €/m²
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
+11% above market
median 1,143 €/m² for comparable properties
38,000 € 1,266 €/m²
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
+17% above market
median 1,143 €/m² for comparable properties
119,000 € 1,337 €/m²
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo
−29% below market
median 1,143 €/m² for comparable properties
81,000 € 810 €/m²
Rent covers ~ 142% of the payment
~ 512 €/mo rent · pays for itself in ~ 13 yrs
−23% below market
median 1,143 €/m² for comparable properties
65,000 € 878 €/m²
Rent covers ~ 178% of the payment
~ 512 €/mo rent · pays for itself in ~ 11 yrs
−52% below market
median 1,143 €/m² for comparable properties
40,000 € 555 €/m²
Rent covers ~ 288% of the payment
~ 512 €/mo rent · pays for itself in ~ 7 yrs
−42% below market
median 1,143 €/m² for comparable properties
49,500 € 668 €/m²
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs