median 1,130 €/m² for comparable properties
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
~41,500 € BELOW MARKET
far below market
against the median for apartments in Balchik (339 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 288% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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 about 41,500 € below the typical price (the median) for apartments in Balchik (339 properties) — 555 €/m² against 1,130 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Apartment with two rooms in Dobrich region, Balchik, part of the Lighthouse Golf & SPA golf complex. It is located on the fourth floor of a five-storey building with an elevator.
Layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet and two terraces, with the larger terrace accessible from both rooms. The property is finished to BDS standards and unfurnished.
The building is brick from 2008, maintained and guarded, with controlled access and amenities such as pools, gym and spa center.
The complex is situated on a plateau above the beach area of Byalata Laguna, near Balchik town and other golf courses, offering views of the Black Sea.
The property is suitable for people seeking tranquility in a gated community with opportunities for sports and recreation close to the sea.
With 20% down over 20 years the monthly mortgage payment is about 177 €, against an expected local rent of 512 €. The rent covers the whole payment (288%).
Derived 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 51% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,130 €/m² for comparable properties
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
median 1,130 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo
median 1,130 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 512 €/mo rent · pays for itself in ~ 13 yrs
median 1,130 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 512 €/mo rent · pays for itself in ~ 11 yrs
median 1,130 €/m² for comparable properties
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs
median 1,130 €/m² for comparable properties
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs
median 1,130 €/m² for comparable properties
Rent covers ~ 136% of the payment
~ 512 €/mo rent · pays for itself in ~ 14 yrs
median 1,130 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 60 €/mo