+69% above market
median 1,141 €/m² for comparable properties
118,000 € 1,934 €/m²
Rent covers ~ 98% of the payment
~ 512 €/mo rent · you top up ~ 12 €/mo
Sale109,870 €1,181 €/m²
Expected rent512 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Balchik (344 properties)
Area
93 m²
Floor
3 / 5
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment487 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood
The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 (344 properties) — 1,181 €/m² against 1,141 €/m².
Apartment with an area of 93 sq m, located on the third floor of a five-storey brick building in Balchik, Dobrich region.
Layout: spacious living room with kitchenette, two bedrooms, large bathroom and terrace. The property has a separate entrance and a functional room layout.
The building is brick, and the apartment has a new entrance door and PVC windows; the walls are plastered, and the floor is screeded, which implies the need for finishing works and renovation. A parking space is provided.
The location is close to commercial outlets such as LIDL, providing conveniences for daily needs and good transport accessibility. The surroundings are an urban environment with opportunities for living or renting out.
The property is suitable for people looking for a home with potential for customization and investment in an urban environment with nearby amenities.
With 20% down over 20 years the monthly mortgage payment is about 487 €, against an expected local rent of 512 €. The rent covers the whole payment (105%).
Pros and cons
AI summaryPros
- functional layout
- parking space
- brick construction
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 213 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
- 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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