+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
Sale78,000 €600 €/m²
Expected rent512 € /mo
~70,500 € BELOW MARKET
far below market
against the median for apartments in Balchik (348 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
130 m²
Floor
2 / 5
Construction
Brick
Yield analysis
Good investment rating
Monthly payment346 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 148% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 70,500 € below the typical price (the median) for apartments in Balchik (348 properties) — 600 €/m² against 1,143 €/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 346 €, against an expected local rent of 512 €. The rent covers the whole payment (148%).
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 48% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 272 days.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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 summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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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median 1,143 €/m² for comparable properties
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Rent covers ~ 304% of the payment
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median 1,143 €/m² for comparable properties
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Rent covers ~ 97% of the payment
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Rent covers ~ 142% of the payment
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Rent covers ~ 178% of the payment
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median 1,143 €/m² for comparable properties
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Rent covers ~ 288% of the payment
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median 1,143 €/m² for comparable properties
49,500 € 668 €/m²
Rent covers ~ 233% of the payment
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