+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
Sale143,500 €1,479 €/m²
Expected rent512 € /mo
~34,000 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (343 properties)
Area
97 m²
Floor
2 / 4
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment637 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 125 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 34,000 € above the typical price (the median) for apartments in Balchik (343 properties) — 1,479 €/m² against 1,127 €/m².
With 20% down over 20 years the monthly mortgage payment is about 637 €, against an expected local rent of 512 €. The rent covers 80% of it.
Amenities
- Elevator
- With Parking
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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