+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
Sale165,000 €1,375 €/m²
Expected rent1,477 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Balchik (328 properties)
Area
120 m²
Land Area
497 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 202% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 at the typical price (the median) for houses in Balchik (328 properties) — 1,375 €/m² against 1,335 €/m².
House with a total built-up area of about 120 sq m, located in the area of Balchik.
The layout includes three functional levels: the first with kitchen, dining room and toilet; the second with bedroom, walk-in closet, bathroom and terrace; the third as a separate studio with terrace.
The building is brick-built from 1980, fully renovated with new roof, thermal insulation, plumbing and electrical installations, as well as new window frames.
The property features a spacious yard, arranged with various zones for relaxation and dining, providing additional outdoor space.
Suitable for people seeking tranquility and more personal space close to nature, combined with the conveniences of a renovated house.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 1,477 €. The rent covers the whole payment (202%).
Pros and cons
AI summaryPros
- functional layout
- renovated
- yard with relaxation zones
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- kitchen
- dining room
- toilet
- bedroom
- walk-in closet
- bathroom
- toilet
- studio
Amenities
- Internet Connection
- Renovated
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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