+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
Sale67,000 €712 €/m²
Expected rent356 € /mo
~12,000 € BELOW MARKET
good value
against the median for 3-room apartments in Balik (21 properties)
Area
94 m²
Floor
2 / 6
Construction
Panel
Year
1980
Yield analysis
Good investment rating
Monthly payment297 €20% down payment · 20 yrs · 3%
Expected rent356 €at market conditions for the neighbourhood
The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 12,000 € below the typical price (the median) for 3-room apartments in Balik (21 properties) — 712 €/m² against 842 €/m².
Apartment with three rooms in the town of Dobrich, district Balik.
The layout includes a living room, two bedrooms, kitchen with dining area, bathroom with toilet, storage room and two glazed terraces.
The building is prefab panel from 1980, on the second floor of six, with an elevator; the property needs renovation.
The location is in a residential area with access to urban infrastructure and amenities.
Suitable for family use with potential for renovation according to the needs of the new occupants.
With 20% down over 20 years the monthly mortgage payment is about 297 €, against an expected local rent of 356 €. The rent covers the whole payment (120%).
Pros and cons
AI summaryPros
- two glazed terraces
- elevator
- functional layout
Cons
- needs renovation
- prefab panel construction
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 16% below the average for comparable properties.
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.
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.
Layout
- living room
- bedroom
- bedroom
- kitchen
- dining area
Amenities
- Elevator
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−27% below market
median 842 €/m² for comparable properties
59,990 € 612 €/m²
Rent covers ~ 134% of the payment
~ 356 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 945 €/m² for comparable properties
65,000 € 1,000 €/m²
Rent covers ~ 123% of the payment
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+21% above market
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At market level
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39,500 € 987 €/m²
Rent covers ~ 203% of the payment
~ 356 €/mo rent · pays for itself in ~ 9 yrs
−18% below market
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