median 1,143 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
~77,500 € BELOW MARKET
far below market
against the median for apartments in Balchik (348 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 214% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 77,500 € below the typical price (the median) for apartments in Balchik (348 properties) — 469 €/m² against 1,143 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Apartment with three rooms, located on the second floor in Balchik, Dobrich region. The property is part of the Lighthouse Golf & Spa Resort complex.
The layout includes two bedrooms, one of which has an en-suite bathroom, an entrance hall, kitchen, and large loggia. The spaces are functional and provide convenience for family use.
The building is brick, built in 2010, with an elevator and secured parking spaces. The property is offered in BDS finish level, allowing for individual completion according to the buyer's needs.
The complex offers access control, video surveillance, and security, as well as various sports and recreational facilities, including a golf course and spa center.
It is suitable both for permanent residence and as a holiday property with investment potential in the tourism sector.
With 20% down over 20 years the monthly mortgage payment is about 240 €, against an expected local rent of 512 €. The rent covers the whole payment (214%).
Derived 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 59% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,143 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 512 €/mo rent · you top up ~ 464 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 31% of the payment
~ 512 €/mo rent · you top up ~ 1,130 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 512 €/mo rent · pays for itself in ~ 13 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 512 €/mo rent · pays for itself in ~ 11 yrs