~11,000 € BELOW MARKET
good value
against the median for offices in Balchik (339 properties)
Yield analysis
Strong investment rating
The rent covers 267% 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 office is priced about 11,000 € below the typical price (the median) for offices in Balchik (339 properties) — 900 €/m² against 1,130 €/m².
With 20% down over 20 years the monthly mortgage payment is about 192 €, against an expected local rent of 512 €. The rent covers the whole payment (267%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 91 days.
Details
- Category
- Commercial
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.