No market valuation
105,000 € 1,153 €/m²
No yield data
Appears once there's enough market data
Sale45,000 €365 €/m²
Expected rent512 € /mo
~94,000 € BELOW MARKET
far below market
against the median for apartments in Balchik (339 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
123 m²
Floor
2 / 2
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 256% 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.
Property analysis
This apartment is priced about 94,000 € below the typical price (the median) for apartments in Balchik (339 properties) — 365 €/m² against 1,130 €/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 200 €, against an expected local rent of 512 €. The rent covers the whole payment (256%).
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 68% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 208 days.
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.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- With Parking
- Renovated
- Needs Renovation
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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