+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
Sale43,000 €344 €/m²
Expected rent512 € /mo
~100,000 € 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
125 m²
Floor
2 / 2
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment191 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 268% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 10.4% · 5,000 €
- 48,000 €
- 43,000 €▼ 5,000 € (10.4%)
Property analysis
This apartment is priced about 100,000 € below the typical price (the median) for apartments in Balchik (348 properties) — 344 €/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 191 €, against an expected local rent of 512 €. The rent covers the whole payment (268%).
The asking price has fallen by 5,000 € (10.4%) 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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 70% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 10%.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 4
- 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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