+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
Sale118,000 €1,439 €/m²
Expected rent512 € /mo
~24,500 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (344 properties)
Area
82 m²
Floor
2 / 4
Construction
Brick
Year
2013
Yield analysis
Fair investment rating
Monthly payment524 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 12 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 0.8% · 1,000 €
- 119,000 €
- 118,000 €▼ 1,000 € (0.8%)
Property analysis
This apartment is priced about 24,500 € above the typical price (the median) for apartments in Balchik (344 properties) — 1,439 €/m² against 1,141 €/m².
With 20% down over 20 years the monthly mortgage payment is about 524 €, against an expected local rent of 512 €. The rent covers 98% of it.
The asking price has fallen by 1,000 € (0.8%) since it was first listed.
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Amenities
- With Parking
- Access Control
- Renovated
- 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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