median 1,143 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (348 properties)
Good investment rating
The rent covers 121% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for apartments in Balchik (348 properties) — 1,144 €/m² against 1,143 €/m².
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 512 €. The rent covers the whole payment (121%).
Derived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,143 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 512 €/mo rent · pays for itself in ~ 17 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 512 €/mo rent · you top up ~ 16 €/mo
median 1,143 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 512 €/mo rent · pays for itself in ~ 13 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 512 €/mo rent · pays for itself in ~ 11 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 288% of the payment
~ 512 €/mo rent · pays for itself in ~ 7 yrs
median 1,143 €/m² for comparable properties
Rent covers ~ 233% of the payment
~ 512 €/mo rent · pays for itself in ~ 8 yrs