+19% above market
median 1,127 €/m² for comparable properties
119,000 € 1,337 €/m²
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo
Sale51,900 €961 €/m²
Expected rent512 € /mo
~9,000 € BELOW MARKET
good value
against the median for apartments in Balchik (343 properties)
Area
54 m²
Floor
5 / 5
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment230 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 222% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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▼ 13.4% · 8,000 €
- 59,900 €
- 51,900 €▼ 8,000 € (13.4%)
Property analysis
This apartment is priced about 9,000 € below the typical price (the median) for apartments in Balchik (343 properties) — 961 €/m² against 1,127 €/m².
With 20% down over 20 years the monthly mortgage payment is about 230 €, against an expected local rent of 512 €. The rent covers the whole payment (222%).
The asking price has fallen by 8,000 € (13.4%) since it was first listed.
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 15% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 13%.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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