+69% above market
median 1,143 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale107,000 €835 €/m²
Expected rent512 € /mo
~39,500 € BELOW MARKET
good value
against the median for apartments in Balchik (348 properties)
Area
128 m²
Floor
1 / 3
Construction
Brick
Year
2012
Yield analysis
Fair investment rating
Monthly payment475 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 108% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 39,500 € below the typical price (the median) for apartments in Balchik (348 properties) — 835 €/m² against 1,143 €/m².
With 20% down over 20 years the monthly mortgage payment is about 475 €, against an expected local rent of 512 €. The rent covers the whole payment (108%).
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 27% below the average for comparable properties.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Security
- Gated Community
Exposure
AI summaryNNorth
Even light, cooler during summer
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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At market level
median 1,143 €/m² for comparable properties
105,000 € 1,153 €/m²
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
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Rent covers ~ 233% of the payment
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