+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
Sale94,000 €686 €/m²
Expected rent512 € /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.
Area
137 m²
Floor
3 / 5
Construction
Brick
Year
2008
Yield analysis
Good investment rating
Monthly payment417 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
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.
Price history
6 changes since listing▲ 4.4% · 4,000 €
- 90,000 €
- 81,000 €▼ 9,000 € (10%)
- 81,000 €▲ 0 € (0%)
- 73,000 €▼ 8,000 € (9.9%)
- 73,000 €▲ 0 € (0%)
- 94,000 €▲ 21,000 € (28.8%)
- 94,000 €▲ 0 € (0%)
Property analysis
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.
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%).
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 36,000 €. It has been listed for 389 days. The asking price has risen by 4,000 € (4.4%) since it was first listed.
Questions for the viewing
Only on imotesaDerived 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 4% higher than when it was first advertised.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 28%.
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.
Amenities
- Gated Community
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Security
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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median 1,143 €/m² for comparable properties
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Rent covers ~ 110% of the payment
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