+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
Sale98,000 €980 €/m²
Expected rent512 € /mo
~14,500 € BELOW MARKET
good value
against the median for apartments in Balchik (343 properties)
Area
100 m²
Floor
2 / 5
Construction
Brick
Year
2009
Yield analysis
Good investment rating
Monthly payment435 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 14,500 € below the typical price (the median) for apartments in Balchik (343 properties) — 980 €/m² against 1,127 €/m².
The apartment is located in Balchik, Dobrich region, in a gated complex with multiple amenities.
The layout includes a spacious living room with a kitchenette and dining area, two separate bedrooms, two bathrooms with toilets, and two terraces.
The building is brick from 2009, with an elevator and provided internet and security. Heating and cooling are managed by air conditioners in all rooms.
The complex offers various services such as a golf course, spa center, swimming pools, and sports facilities, and is situated close to the sea and nature.
The property is suitable for year-round living or vacation use with good functionality and conveniences.
With 20% down over 20 years the monthly mortgage payment is about 435 €, against an expected local rent of 512 €. The rent covers the whole payment (118%).
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- gated complex
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 13% 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
- kitchenette
- dining area
- bedroom
- bedroom
- corridor
- terrace
- terrace
Amenities
- Elevator
- Internet Connection
- Security
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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