+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
Sale115,189 €1,129 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (348 properties)
Area
102 m²
Floor
2 / 4
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment511 €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) — 1,129 €/m² against 1,143 €/m².
Three-room apartment in Balchik, Dobrich region, located on the second floor of a four-storey brick building.
The layout includes an entrance hall, two bedrooms, kitchen with dining area and two terraces, providing convenience and functionality.
The building has Act 16 and completion according to BDS standards, with the property renovated and offering the possibility of turnkey completion. Parking space and access control are available.
The location is in an urban environment with good access to amenities and infrastructure in Balchik.
The property is suitable for family use with a balanced ratio between space and convenience.
With 20% down over 20 years the monthly mortgage payment is about 511 €, against an expected local rent of 512 €. The rent covers the whole payment (100%).
Pros and cons
AI summaryPros
- functional layout
- two terraces
- parking space
- renovated
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- bedroom
- bedroom
- kitchen
- dining area
- terrace
- terrace
- bathroom
Amenities
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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