+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
Sale80,000 €588 €/m²
Expected rent512 € /mo
~73,500 € BELOW MARKET
far below market
against the median for apartments in Balchik (343 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
136 m²
Floor
2 / 5
Construction
Brick
Year
2010
Yield analysis
Good investment rating
Monthly payment355 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 144% 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 (343 properties) — 588 €/m² against 1,127 €/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 355 €, against an expected local rent of 512 €. The rent covers the whole payment (144%).
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 269 days.
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
- 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.
Similar properties nearby
−28% below market
median 1,127 €/m² for comparable properties
81,000 € 810 €/m²
Rent covers ~ 142% of the payment
~ 512 €/mo rent · pays for itself in ~ 13 yrs
−22% below market
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65,000 € 878 €/m²
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−41% below market
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Rent covers ~ 233% of the payment
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85,000 € 1,393 €/m²
Rent covers ~ 136% of the payment
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+12% above market
median 1,127 €/m² for comparable properties
128,900 € 1,263 €/m²
Rent covers ~ 90% of the payment
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At market level
median 1,127 €/m² for comparable properties
126,000 € 1,223 €/m²
Rent covers ~ 92% of the payment
~ 512 €/mo rent · you top up ~ 47 €/mo
At market level
median 1,127 €/m² for comparable properties
94,900 € 1,129 €/m²
Rent covers ~ 122% of the payment
~ 512 €/mo rent · pays for itself in ~ 15 yrs