+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
Sale80,862 €598 €/m²
Expected rent512 € /mo
~73,500 € 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
135 m²
Construction
Brick
Yield analysis
Good investment rating
Monthly payment359 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 143% 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 73,500 € below the typical price (the median) for apartments in Balchik (348 properties) — 598 €/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.
Apartment in Lighthouse Golf Resort & SPA complex, near Balchik.
It has two bedrooms, a spacious living room with kitchenette and a large shared terrace, as well as two small terraces off the living room. There are two bathrooms and a cellar.
Brick building with Act 16, finished to plaster and screed stage.
The complex is located 5 km from Balchik, close to the Botanical Garden and the Palace Architectural Park Complex, with easy access to seaside resorts and Varna airport.
Suitable for holiday use or investment with rental potential during the tourist season.
With 20% down over 20 years the monthly mortgage payment is about 359 €, against an expected local rent of 512 €. The rent covers the whole payment (143%).
Pros and cons
AI summaryPros
- functional layout
- large terrace
- close to park
- brick construction
Cons
- finished to plaster stage
- no floor information
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room
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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