+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
Sale195,000 €1,500 €/m²
Expected rent512 € /mo
~46,500 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (348 properties)
Area
130 m²
Floor
2 / 5
Construction
Brick
Year
1998
Yield analysis
Low investment rating
Monthly payment865 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 353 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 46,500 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,500 €/m² against 1,143 €/m².
Three-room apartment in Balchik, Dobrich region, located on the second floor of a brick building from 1998. The property has an area of 130 sq m and includes a garage and an attic space.
The layout is functional, with a spacious living room, dining room, kitchen, two bedrooms, and two large terraces, providing convenience and comfort for living.
The building is a solid brick construction with a heating system connected to a boiler in the garage. The property has parking, internet, and access control.
The location is close to Balchik's central beach, shops, restaurants, and transport connections, which facilitates daily life.
It is suitable both for year-round living and as an investment with rental potential due to its proximity to the sea and the center.
With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 512 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- functional layout
- garage
- close to the sea
- access control
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- dining room
- kitchen
- bedroom
- bedroom
Amenities
- With Parking
- Internet Connection
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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