+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
Sale65,900 €1,176 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (343 properties)
Area
56 m²
Floor
0 / 4
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment292 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 175% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 16.5% · 13,000 €
- 78,900 €
- 69,900 €▼ 9,000 € (11.4%)
- 65,900 €▼ 4,000 € (5.7%)
Property analysis
This apartment is priced at the typical price (the median) for apartments in Balchik (343 properties) — 1,220 €/m² against 1,127 €/m².
2-room apartment in the town of Balchik, Dobrich region, located on the ground floor. The layout includes convenient rooms suitable for residential use, despite its office status. The building is brick, built in 2010, with a total of 4 floors. The property has a parking space and offers internet access. The condition is renovated and ready to move in, with no maintenance fee. The location is urban with convenient access to essential services and transport. Suitable for those seeking a functional home with parking and low running costs.
With 20% down over 20 years the monthly mortgage payment is about 292 €, against an expected local rent of 512 €. The rent covers the whole payment (175%).
The asking price has fallen by 13,000 € (16.5%) since it was first listed.
Pros and cons
AI summaryPros
- renovated property
- parking space
- internet
- brick construction
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 16% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 223 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- With Parking
- Internet Connection
- Renovated
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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