+12% above market
median 1,130 €/m² for comparable properties
38,000 € 1,266 €/m²
Rent covers ~ 304% of the payment
~ 512 €/mo rent · pays for itself in ~ 6 yrs
Sale67,790 €1,148 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (339 properties)
Area
59 m²
Floor
2 / 5
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment301 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 170% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 at the typical price (the median) for apartments in Balchik (339 properties) — 1,148 €/m² against 1,130 €/m².
Apartment with an area of 59 sq m, located on the second floor in Balchik, Dobrich region.
Layout: living room with kitchenette, bedroom, large bathroom, and terrace.
The building is brick, and the apartment has a replaced entrance door and PVC windows but is in need of renovation with plaster on the walls and screed on the floor.
The location is close to Lidl supermarket and offers a parking space, which facilitates parking.
Suitable for personal use or investment for rental purposes, combining functionality and convenience.
With 20% down over 20 years the monthly mortgage payment is about 301 €, against an expected local rent of 512 €. The rent covers the whole payment (170%).
Pros and cons
AI summaryPros
- parking space
- functional layout
- PVC windows
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 212 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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
Amenities
- With Parking
- 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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