+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
Sale105,000 €1,105 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (343 properties)
Area
95 m²
Floor
2 / 6
Construction
Brick
Year
2014
Yield analysis
Fair investment rating
Monthly payment466 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for apartments in Balchik (343 properties) — 1,105 €/m² against 1,127 €/m².
3-room apartment in Balchik, Dobrich region, located on the second floor of a six-storey building.
The layout includes spacious rooms with modern furnishings and a kitchenette, suitable for family use.
The building was constructed in 2014 with brick construction and features an elevator, security, and maintained common areas with a swimming pool and gym.
The location is close to the beach, grocery stores, botanical garden, and eateries, providing everyday conveniences.
The property is suitable for those seeking comfort in a gated complex with opportunities for relaxation and sports.
With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 512 €. The rent covers the whole payment (110%).
Pros and cons
AI summaryPros
- functional layout
- sea view
- elevator and security
- pool and gym
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Security
- Renovated
- 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
−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
median 1,127 €/m² for comparable properties
65,000 € 878 €/m²
Rent covers ~ 178% of the payment
~ 512 €/mo rent · pays for itself in ~ 11 yrs
−51% below market
median 1,127 €/m² for comparable properties
40,000 € 555 €/m²
Rent covers ~ 288% of the payment
~ 512 €/mo rent · pays for itself in ~ 7 yrs
−41% below market
median 1,127 €/m² for comparable properties
49,500 € 668 €/m²
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs
−38% below market
median 1,127 €/m² for comparable properties
49,500 € 697 €/m²
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs
+24% above market
median 1,127 €/m² for comparable properties
85,000 € 1,393 €/m²
Rent covers ~ 136% of the payment
~ 512 €/mo rent · pays for itself in ~ 14 yrs
+12% above market
median 1,127 €/m² for comparable properties
128,900 € 1,263 €/m²
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 60 €/mo