+69% above market
median 1,143 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale115,000 €1,150 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (348 properties)
Area
100 m²
Floor
2 / 6
Construction
Brick
Year
2014
Yield analysis
Fair investment rating
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 100% of the payment — the tenant pays off the loan over 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.
Property analysis
This apartment is priced at the typical price (the median) for apartments in Balchik (348 properties) — 1,150 €/m² against 1,143 €/m².
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 512 €. The rent covers the whole payment (100%).
Amenities
- Elevator
- With Parking
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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