+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
Sale123,000 €1,268 €/m²
Expected rent512 € /mo
~12,000 € ABOVE MARKET
above market
against the median for apartments in Balchik (348 properties)
Area
97 m²
Floor
2 / 5
Construction
Brick
Year
2014
Yield analysis
Fair investment rating
Monthly payment546 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 94% of the payment — you top up about 34 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 12,000 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,268 €/m² against 1,143 €/m².
The apartment is located in the town of Balchik, Dobrich region, in a gated complex on the second floor of a five-storey building. It has an area of 97 sq m and is part of a residential building constructed in 2014 with brick construction.
The layout includes three rooms, equipped with a kitchenette and a bathroom with underfloor heating and a shower cabin, with the apartment furnished in a modern style. There are individual electricity and water meters for better cost control.
The building is equipped with an elevator and has common areas such as a large swimming pool, gym, and relaxation area. The maintenance fee includes cleaning and use of the common facilities.
The location is close to the beach, grocery stores, the botanical garden, and dining establishments, providing conveniences for daily life and leisure.
The property is suitable for people seeking accommodation near the sea with access to shared facilities in a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 546 €, against an expected local rent of 512 €. The rent covers 94% of it.
Pros and cons
AI summaryPros
- gated complex
- elevator
- pool and gym
- individual meters
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
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
−8% below market
median 1,143 €/m² for comparable properties
220,000 € 1,047 €/m²
Rent covers ~ 52% of the payment
~ 512 €/mo rent · you top up ~ 464 €/mo
−17% below market
median 1,143 €/m² for comparable properties
370,000 € 948 €/m²
Rent covers ~ 31% of the payment
~ 512 €/mo rent · you top up ~ 1,130 €/mo
−42% below market
median 1,143 €/m² for comparable properties
49,500 € 668 €/m²
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs
−15% below market
median 1,143 €/m² for comparable properties
95,000 € 969 €/m²
Rent covers ~ 121% of the payment
~ 512 €/mo rent · pays for itself in ~ 15 yrs
At market level
median 1,143 €/m² for comparable properties
105,000 € 1,153 €/m²
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
+11% above market
median 1,143 €/m² for comparable properties
38,000 € 1,266 €/m²
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
+17% above market
median 1,143 €/m² for comparable properties
119,000 € 1,337 €/m²
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo