+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
Sale69,432 €588 €/m²
Expected rent512 € /mo
~63,500 € 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
118 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment308 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 166% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 63,500 € below the typical price (the median) for apartments in Balchik (343 properties) — 597 €/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 308 €, against an expected local rent of 512 €. The rent covers the whole payment (166%).
This property is advertised in 3 offers, all from the same agency. The gap between the cheapest and the dearest is 13,322 €. It has been listed for 57 days.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 3 listings, and the prices differ by about 16%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 47% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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