+69% above market
median 1,141 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale55,000 €774 €/m²
Expected rent512 € /mo
~26,000 € BELOW MARKET
good value
against the median for apartments in Balchik (344 properties)
Area
71 m²
Floor
2 / 5
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment244 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 210% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▲ 0% · 0 €
- 55,000 €
- 49,500 €▼ 5,500 € (10%)
- 25,000 €▼ 24,500 € (49.5%)
- 55,000 €▲ 30,000 € (120%)
Property analysis
This apartment is priced about 26,000 € below the typical price (the median) for apartments in Balchik (344 properties) — 774 €/m² against 1,141 €/m².
With 20% down over 20 years the monthly mortgage payment is about 244 €, against an expected local rent of 512 €. The rent covers the whole payment (210%).
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 32% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 333 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Gated Community
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 1,141 €/m² for comparable properties
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Rent covers ~ 110% of the payment
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Rent covers ~ 233% of the payment
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