+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
Sale168,000 €1,354 €/m²
Expected rent512 € /mo
~28,500 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (343 properties)
Area
124 m²
Floor
2 / 5
Construction
Brick
Year
2007
Yield analysis
Low investment rating
Monthly payment745 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 233 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 28,500 € above the typical price (the median) for apartments in Balchik (343 properties) — 1,354 €/m² against 1,127 €/m².
Three-room apartment in Balchik, Dobrich region, located in a complex on the first line by the coastal promenade.
Layout: entrance hall, dining room with kitchen, separate living room, two bedrooms, two terraces, laundry room and two bathrooms with toilets.
The building is brick from 2007, with an elevator and video surveillance, offering year-round security and access control.
The complex is close to the marina, shops and restaurants, about 200 meters from the beach.
The property is suitable both for permanent residence and as a holiday home or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 745 €, against an expected local rent of 512 €. The rent covers 69% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- video surveillance
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- dining room
- kitchen
- living room
- bedroom
- bedroom
- terrace
- terrace
- laundry room
Amenities
- Elevator
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Gated Community
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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