median 1,120 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 539 €/mo rent · you top up ~ 11 €/mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (364 properties)
Strong investment rating
The rent covers 159% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for apartments in Balchik (364 properties) — 1,195 €/m² against 1,120 €/m².
2-room apartment in Lighthouse Golf & SPA complex, located 5 km from Balchik. The area is 64 sq m, including common parts, on the second floor of a five-storey brick building with an elevator.
The layout includes a corridor, living room with kitchen and dining area, bedroom, bathroom with toilet, and a shared balcony for both rooms. The interior design is after full renovation with new furniture and appliances, air conditioning in the living room.
The building is brick from 2015, equipped with an elevator and offers controlled access, security, and parking. The complex features a SPA area, outdoor pool, and playground.
The location is close to Balchik and about 40 km from Varna airport, in an area with golf courses and sea views.
The property is suitable both for permanent residence and as a holiday home or investment for rental.
With 20% down over 20 years the monthly mortgage payment is about 339 €, against an expected local rent of 539 €. The rent covers the whole payment (159%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,120 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 539 €/mo rent · you top up ~ 11 €/mo
median 1,120 €/m² for comparable properties
Rent covers ~ 221% of the payment
~ 539 €/mo rent · pays for itself in ~ 9 yrs
median 1,120 €/m² for comparable properties
Rent covers ~ 150% of the payment
~ 539 €/mo rent · pays for itself in ~ 13 yrs
median 1,120 €/m² for comparable properties
Rent covers ~ 162% of the payment
~ 539 €/mo rent · pays for itself in ~ 12 yrs
median 1,120 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 539 €/mo rent · you top up ~ 164 €/mo
median 1,120 €/m² for comparable properties
Rent covers ~ 181% of the payment
~ 539 €/mo rent · pays for itself in ~ 10 yrs
median 1,120 €/m² for comparable properties
Rent covers ~ 169% of the payment
~ 539 €/mo rent · pays for itself in ~ 11 yrs
median 1,120 €/m² for comparable properties
Rent covers ~ 238% of the payment
~ 539 €/mo rent · pays for itself in ~ 8 yrs