+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
Sale76,000 €666 €/m²
Expected rent512 € /mo
~52,500 € BELOW MARKET
far below market
against the median for apartments in Balchik (343 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
114 m²
Floor
2 / 5
Construction
Brick
Year
2015
Yield analysis
Strong investment rating
Monthly payment337 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 152% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 52,500 € below the typical price (the median) for apartments in Balchik (343 properties) — 666 €/m² against 1,127 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 337 €, against an expected local rent of 512 €. The rent covers the whole payment (152%).
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 41% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 259 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Gated Community
- Elevator
- With Parking
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−28% below market
median 1,127 €/m² for comparable properties
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Rent covers ~ 90% of the payment
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At market level
median 1,127 €/m² for comparable properties
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At market level
median 1,127 €/m² for comparable properties
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Rent covers ~ 122% of the payment
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