+11% above market
median 945 €/m² for comparable properties
59,990 € 1,052 €/m²
Rent covers ~ 134% of the payment
~ 356 €/mo rent · pays for itself in ~ 14 yrs
Sale53,990 €856 €/m²
Expected rent356 € /mo
~5,500 € BELOW MARKET
good value
against the median for 2-room apartments in Balik (24 properties)
Area
63 m²
Floor
4 / 8
Construction
Panel
Year
1980
Yield analysis
Good investment rating
Monthly payment240 €20% down payment · 20 yrs · 3%
Expected rent356 €at market conditions for the neighbourhood
The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 3.6% · 2,010 €
- 56,000 €
- 54,000 €▼ 2,000 € (3.6%)
- 53,990 €▼ 10 € (0%)
Property analysis
This apartment is priced about 5,500 € below the typical price (the median) for 2-room apartments in Balik (24 properties) — 856 €/m² against 945 €/m².
With 20% down over 20 years the monthly mortgage payment is about 240 €, against an expected local rent of 356 €. The rent covers the whole payment (149%).
The asking price has fallen by 2,010 € (3.6%) since it was first listed.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 4% below the original asking price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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