+69% above market
median 1,141 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale83,000 €709 €/m²
Expected rent512 € /mo
~50,500 € BELOW MARKET
good value
against the median for apartments in Balchik (344 properties)
Area
117 m²
Floor
5 / 5
Construction
Brick
Year
2008
Yield analysis
Good investment rating
Monthly payment368 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 139% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 7.7% · 6,900 €
- 89,900 €
- 92,900 €▲ 3,000 € (3.3%)
- 83,000 €▼ 9,900 € (10.7%)
Property analysis
This apartment is priced about 50,500 € below the typical price (the median) for apartments in Balchik (344 properties) — 709 €/m² against 1,141 €/m².
Three-room apartment in Dobrich region, Balchik, located in a gated golf complex. The property is on the fifth floor of a brick building from 2008 with an elevator and parking space.
The layout includes a spacious living room with kitchen, two large bedrooms, two bathrooms, and two terraces, providing convenience and functionality.
The building is well maintained with controlled access, and the materials used are brick, ensuring good insulation and stability.
The location is about 5 km from Balchik, in a quiet environment with opportunities for sports and recreation within the complex.
The property is suitable for living or renting out, combining comfort and amenities in a gated community.
With 20% down over 20 years the monthly mortgage payment is about 368 €, against an expected local rent of 512 €. The rent covers the whole payment (139%).
The asking price has fallen by 6,900 € (7.7%) since it was first listed.
Pros and cons
AI summaryPros
- gated complex
- elevator
- two terraces
- parking space
Cons
- top floor
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 38% below the average for comparable properties.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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