+84% above market
median 1,335 €/m² for comparable properties
569,000 € 2,452 €/m²
Rent covers ~ 59% of the payment
~ 1,477 €/mo rent · you top up ~ 1,048 €/mo
Sale169,980 €1,603 €/m²
Expected rent1,477 € /mo
~28,500 € ABOVE MARKET
overpriced
against the median for houses in Balchik (328 properties)
Area
106 m²
Land Area
625 m²
Floor
0 / 0
Construction
Modular Construction
Year
2014
Yield analysis
Strong investment rating
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 196% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 28,500 € above the typical price (the median) for houses in Balchik (328 properties) — 1,603 €/m² against 1,335 €/m².
House with a total floor area of 106 sq m in the town of Balchik, Dobrich region, located on the ground floor.
The layout includes a living room with dining area, separate kitchen, two bedrooms, and a bathroom with toilet, providing functional use of the space.
The construction is modular from 2014, with available amenities such as internet, video surveillance, and access control. Heating is provided by a fireplace.
The property features a 625 sq m yard with garage and workshop, barbecue area, and veranda with panoramic sea view. Easy asphalt access to the property.
Suitable for year-round living or seasonal use, combining convenience and tranquility close to the sea.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 1,477 €. The rent covers the whole payment (196%).
Pros and cons
AI summaryPros
- sea view
- garage and workshop
- asphalt access
- barbecue area
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- dining area
- kitchen
- bedroom
- bedroom
Amenities
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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