+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
Sale175,000 €1,483 €/m²
Expected rent1,477 € /mo
~17,500 € ABOVE MARKET
above market
against the median for houses in Balchik (328 properties)
Area
118 m²
Land Area
54 m²
Construction
Brick
Year
2009
Yield analysis
Strong investment rating
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 190% 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 17,500 € above the typical price (the median) for houses in Balchik (328 properties) — 1,483 €/m² against 1,335 €/m².
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 1,477 €. The rent covers the whole payment (190%).
Amenities
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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