+19% above market
median 1,127 €/m² for comparable properties
119,000 € 1,337 €/m²
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo
Sale49,500 €668 €/m²
Expected rent512 € /mo
~34,000 € BELOW MARKET
far below market
against the median for apartments in Balchik (343 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
74 m²
Floor
3 / 5
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment220 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 233% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
17 changes since listing▲ 4.6% · 3,000 €
- 65,000 €
- 49,500 €▼ 15,500 € (23.8%)
- 58,000 €▲ 8,500 € (17.2%)
- 65,000 €▲ 7,000 € (12.1%)
- 58,000 €▼ 7,000 € (10.8%)
- 65,000 €▲ 7,000 € (12.1%)
- 67,500 €▲ 2,500 € (3.8%)
- 65,000 €▼ 2,500 € (3.7%)
- 58,000 €▼ 7,000 € (10.8%)
- 58,000 €▲ 0 € (0%)
- 45,000 €▼ 13,000 € (22.4%)
- 58,000 €▲ 13,000 € (28.9%)
- 58,000 €▲ 0 € (0%)
- 52,000 €▼ 6,000 € (10.3%)
- 67,000 €▲ 15,000 € (28.8%)
- 52,000 €▼ 15,000 € (22.4%)
- 67,000 €▲ 15,000 € (28.8%)
- 68,000 €▲ 1,000 € (1.5%)
Property analysis
This apartment is priced about 34,000 € below the typical price (the median) for apartments in Balchik (343 properties) — 660 €/m² against 1,127 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
2-room apartment in the gated complex Lighthouse Golf Resort, Balchik, Dobrich region.
The layout includes a living room with kitchenette and dining area, bedroom, terrace, and bathroom, providing convenient internal functionality.
The property was built in 2008 with brick construction and is located on the 3rd floor of a 5-storey building with an elevator. The complex offers security, video surveillance, and parking spaces.
The location is within the complex with access to a supermarket, pools, and sports facilities such as a golf course, tennis court, and SPA center.
Suitable for those seeking accommodation in a secured environment with opportunities for sports and recreation near the sea.
With 20% down over 20 years the monthly mortgage payment is about 220 €, against an expected local rent of 512 €. The rent covers the whole payment (233%).
This property is advertised in 8 offers from 7 different sellers. The gap between the cheapest and the dearest is 18,500 €. It has been listed for 364 days. The asking price has risen by 3,000 € (4.6%) since it was first listed.
Pros and cons
AI summaryPros
- gated complex
- elevator
- terrace
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 5% higher than when it was first advertised.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 8 listings, and the prices differ by about 27%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 41% 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.
Layout
- living room
- bedroom
- terrace
Amenities
- Gated Community
- Elevator
- Security
- With Parking
- Video Surveillance
- Access Control
- Renovated
- Internet Connection
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.
Similar properties nearby
−28% below market
median 1,127 €/m² for comparable properties
81,000 € 810 €/m²
Rent covers ~ 142% of the payment
~ 512 €/mo rent · pays for itself in ~ 13 yrs
−22% below market
median 1,127 €/m² for comparable properties
65,000 € 878 €/m²
Rent covers ~ 178% of the payment
~ 512 €/mo rent · pays for itself in ~ 11 yrs
+24% above market
median 1,127 €/m² for comparable properties
85,000 € 1,393 €/m²
Rent covers ~ 136% of the payment
~ 512 €/mo rent · pays for itself in ~ 14 yrs
+12% above market
median 1,127 €/m² for comparable properties
128,900 € 1,263 €/m²
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 60 €/mo
At market level
median 1,127 €/m² for comparable properties
126,000 € 1,223 €/m²
Rent covers ~ 92% of the payment
~ 512 €/mo rent · you top up ~ 47 €/mo
At market level
median 1,127 €/m² for comparable properties
94,900 € 1,129 €/m²
Rent covers ~ 122% of the payment
~ 512 €/mo rent · pays for itself in ~ 15 yrs
−32% below market
median 1,127 €/m² for comparable properties
49,900 € 767 €/m²
Rent covers ~ 231% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs