At market level
median 1,141 €/m² for comparable properties
105,000 € 1,153 €/m²
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
Sale118,000 €1,934 €/m²
Expected rent512 € /mo
~48,500 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (344 properties)
Area
61 m²
Floor
4 / 5
Construction
Brick
Year
2007
Yield analysis
Fair investment rating
Monthly payment524 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 12 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 48,500 € above the typical price (the median) for apartments in Balchik (344 properties) — 1,934 €/m² against 1,141 €/m².
Two-room apartment in Balchik, Dobrich region, located in the Marina City complex on the first line by the marina.
The property has a layout: entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and a terrace with sea view.
The building is brick from 2007, with an elevator and maintained common areas; the property is in excellent condition and offered fully furnished.
The complex offers security, video surveillance, reception, infinity pool, and various amenities within walking distance to the beach and town center.
Suitable for use as a holiday property or for rental due to the location and available services.
With 20% down over 20 years the monthly mortgage payment is about 524 €, against an expected local rent of 512 €. The rent covers 98% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- elevator
- 24/7 security
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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