+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
Sale129,000 €1,264 €/m²
Expected rent512 € /mo
~14,000 € ABOVE MARKET
above market
against the median for apartments in Balchik (343 properties)
Area
102 m²
Floor
3 / 4
Construction
Brick
Year
2009
Yield analysis
Fair investment rating
Monthly payment572 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 89% of the payment — you top up about 60 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 14,000 € above the typical price (the median) for apartments in Balchik (343 properties) — 1,264 €/m² against 1,127 €/m².
3-room apartment in the town of Balchik, Dobrich region, located on the third floor of a four-storey brick building from 2009. The property includes a basement with an area of 5 sq m. Total area 102 sq m.
The layout includes two bedrooms, a living room with kitchenette, and a bathroom with toilet, providing functional use of the space.
The building has controlled access and features a swimming pool, contributing to the residents' amenities. Heating and other main utilities are not specified.
The location offers a sea view and the possibility for year-round living close to the sea and nature of Balchik.
The property is suitable for those seeking a spacious apartment with a view and recreational opportunities in the area.
With 20% down over 20 years the monthly mortgage payment is about 572 €, against an expected local rent of 512 €. The rent covers 89% of it.
Pros and cons
AI summaryPros
- sea view
- controlled access
- swimming pool
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- living room
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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