median 1,130 €/m² for comparable properties
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
~32,000 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (339 properties)
Fair investment rating
The rent covers 85% of the payment — you top up about 87 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 32,000 € above the typical price (the median) for apartments in Balchik (339 properties) — 1,483 €/m² against 1,130 €/m².
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 512 €. The rent covers 85% of it.
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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 ~ 288% of the payment
~ 512 €/mo rent · pays for itself in ~ 7 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