+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
Sale118,000 €1,512 €/m²
Expected rent512 € /mo
~29,000 € ABOVE MARKET
overpriced
against the median for apartments in Balchik (348 properties)
Area
78 m²
Floor
2 / 5
Construction
Panel
Yield analysis
Fair investment rating
Monthly payment524 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 12 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 29,000 € above the typical price (the median) for apartments in Balchik (348 properties) — 1,512 €/m² against 1,143 €/m².
Four-room apartment in a renovated prefab panel building in Balchik, Dobrich region.
The layout includes a spacious entrance hall, bright living room, kitchen with dining area, adjoining terrace, two bedrooms, bathroom and toilet, providing convenience and functionality.
The property has undergone major renovation with PVC window frames and terrace doors, is in good condition and ready to move in. The building has an elevator and well-maintained common areas.
The location is in a communicative area close to shops, schools, kindergartens and a bus stop, contributing to everyday convenience.
The property is suitable for family use with a balanced combination of functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 524 €, against an expected local rent of 512 €. The rent covers 98% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 500 €. It has been listed for 24 days.
Pros and cons
AI summaryPros
- functional layout
- south-east aspect
- elevator
- close to amenities
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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