No market valuation
105,000 € 1,153 €/m²
No yield data
Appears once there's enough market data
Sale52,000 €693 €/m²
Expected rent512 € /mo
~32,500 € BELOW MARKET
good value
against the median for apartments in Balchik (339 properties)
Area
75 m²
Floor
2 / 5
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment231 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 222% 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
3 changes since listing▼ 5.5% · 3,000 €
- 55,000 €
- 49,500 €▼ 5,500 € (10%)
- 45,000 €▼ 4,500 € (9.1%)
- 52,000 €▲ 7,000 € (15.6%)
Property analysis
This apartment is priced about 32,500 € below the typical price (the median) for apartments in Balchik (339 properties) — 693 €/m² against 1,130 €/m².
With 20% down over 20 years the monthly mortgage payment is about 231 €, against an expected local rent of 512 €. The rent covers the whole payment (222%).
The asking price has fallen by 3,000 € (5.5%) since it was first listed.
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 39% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 5% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 357 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.
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