+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
Sale39,000 €672 €/m²
Expected rent512 € /mo
~27,500 € BELOW MARKET
far below market
against the median for apartments in Balchik (348 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
58 m²
Floor
5 / 5
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment173 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 296% 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
2 changes since listing▲ 5.4% · 2,000 €
- 37,000 €
- 43,000 €▲ 6,000 € (16.2%)
- 39,000 €▼ 4,000 € (9.3%)
Property analysis
This apartment is priced about 27,500 € below the typical price (the median) for apartments in Balchik (348 properties) — 672 €/m² against 1,143 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 173 €, against an expected local rent of 512 €. The rent covers the whole payment (296%).
The asking price has risen by 2,000 € (5.4%) 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.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 5% higher than when it was first advertised.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 41% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 240 days.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
- Access Control
- Gated Community
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
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
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median 1,143 €/m² for comparable properties
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Rent covers ~ 97% of the payment
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Rent covers ~ 142% of the payment
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Rent covers ~ 178% of the payment
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median 1,143 €/m² for comparable properties
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Rent covers ~ 288% of the payment
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median 1,143 €/m² for comparable properties
49,500 € 668 €/m²
Rent covers ~ 233% of the payment
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