Sale

3-bedroom apartment in Dobrich, Balchik

Oblast DobrichBalchik
Published: 7 March 2024 Updated: 7 March 2024
Sale67,970 €931 €/m²
Expected rent512 € /mo

~14,500 € BELOW MARKET

good value

against the median for apartments in Balchik (343 properties)

Area
73 m²
Floor
2 / 4
Construction
Brick
Year
2012

Yield analysis

Strong investment rating

9% / yr
Monthly payment302 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood

The rent covers 170% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 14,500 € below the typical price (the median) for apartments in Balchik (343 properties) — 931 €/m² against 1,127 €/m².

With 20% down over 20 years the monthly mortgage payment is about 302 €, against an expected local rent of 512 €. The rent covers the whole payment (170%).

Source: Market statistics for apartments in Balchik

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 938 days.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Gated Community

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby