+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
Sale89,000 €1,534 €/m²
Expected rent512 € /mo
~22,500 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (348 properties)
Area
58 m²
Floor
1 / 3
Construction
Brick
Yield analysis
Good investment rating
Monthly payment395 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 130% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 22,500 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,534 €/m² against 1,143 €/m².
2-room apartment in Dobrich region, Balchik, in the Izgrev villa zone. It has an area of 58 sq m on the first floor of a three-storey building.
The layout is functional, suitable for year-round living or a holiday property. It includes amenities such as parking.
The building is brick construction, with no specified year of construction, which requires additional inspection of the condition and installations.
The location offers tranquility and a sea view, close to the Albena resort complex, suitable for rest and relaxation.
The property is suitable for those seeking a balance between convenience and proximity to the sea with the possibility of year-round use.
With 20% down over 20 years the monthly mortgage payment is about 395 €, against an expected local rent of 512 €. The rent covers the whole payment (130%).
Pros and cons
AI summaryPros
- sea view
- parking
- functional layout
Cons
- no information on building age
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- With Parking
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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