+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
Sale145,000 €1,494 €/m²
Expected rent512 € /mo
~34,000 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (348 properties)
Area
97 m²
Floor
4 / 5
Construction
Brick
Year
2011
Yield analysis
Fair investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 131 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 34,000 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,494 €/m² against 1,143 €/m².
Three-room apartment in Balchik, Dobrich region, located on the fourth floor of a brick building from 2011 with an elevator and controlled access.
The layout includes two bedrooms, a living room with kitchenette and dining area, two terraces with southeast and northeast aspect, a storage room, laundry room, bathroom with toilet, and separate toilet. The rooms are not walk-through and are bright.
The building has external insulation, well-maintained common areas, and a landscaped yard with a pool. The apartment is equipped with Daikin air conditioners in every room and PVC windows of the French window type.
The location is quiet, about 5-7 minutes by car from the sea and close to main amenities such as shops, hospital, and the botanical garden. Nearby are the architectural complex The Palace and the resorts Albena and Zlatni Pyasatsi.
The property is suitable for year-round living or investment, combining functional layout and conveniences close to the sea.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 512 €. The rent covers 80% of it.
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- living room
Amenities
- Elevator
- With Parking
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Renovated
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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