median 1,143 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
~62,500 € 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.
Good investment rating
The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 62,500 € below the typical price (the median) for apartments in Balchik (348 properties) — 686 €/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.
Three-room apartment in Balchik, Dobrich region, with an area of 137 sq m and residential status.
The layout includes two bedrooms, a living room, kitchen, and two terraces, with the apartment being non-walk-through and having a southwest aspect.
The building is brick from 2000, with an elevator and physical security, and heating is provided by air conditioning.
The location offers a distant sea view and is close to natural areas around Balchik.
The property is suitable for those seeking a spacious and functional home with amenities in a quiet area.
With 20% down over 20 years the monthly mortgage payment is about 417 €, against an expected local rent of 512 €. The rent covers the whole payment (123%).
The asking price has risen by 13,000 € (16%) since it was first listed.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 16% higher than when it was first advertised.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 40% 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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,143 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 512 €/mo rent · you top up ~ 464 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 31% of the payment
~ 512 €/mo rent · you top up ~ 1,130 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 121% of the payment
~ 512 €/mo rent · pays for itself in ~ 15 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo