+84% above market
median 1,333 €/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
Sale136,000 €1,133 €/m²
Expected rent1,477 € /mo
~24,000 € BELOW MARKET
good value
against the median for houses in Balchik (329 properties)
Area
120 m²
Land Area
200 m²
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment603 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 245% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 24,000 € below the typical price (the median) for houses in Balchik (329 properties) — 1,133 €/m² against 1,333 €/m².
House in Balchik, Dobrich region, located in the central part of the town. The property is about 15 minutes on foot from the beach and offers convenient access to essential services.
The layout includes two floors with separate entrances, each with one bedroom, living room, kitchen and bathroom with toilet, allowing independent use of each level.
The building is brick-built and renovated in 2008, with heating provided by air conditioners and a fireplace. The property includes a landscaped yard with barbecue area and parking space.
The location is suitable for year-round living or as an investment with rental potential, offering tranquility and proximity to nature.
The property is suitable for family use or as a holiday home with good functionality and versatile usage options.
With 20% down over 20 years the monthly mortgage payment is about 603 €, against an expected local rent of 1,477 €. The rent covers the whole payment (245%).
Pros and cons
AI summaryPros
- functional layout
- separate entrances
- landscaped yard
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- living room
- small kitchen
- bathroom
- bedroom
- living room
- kitchen
- bathroom
Amenities
- With Parking
- Internet Connection
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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