Two-storey house with yard in Balchik, panoramic view

This house is priced about 69,500 € below the typical price (the median) for houses in Balchik (329 properties) — 800 €/m² against 1,333 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

House with an area of 130 sq m in Balchik, Dobrich region. The property is two-storey with separate entrances for each floor and an independent yard of 560 sq m.

The layout includes on the first floor a kitchen, two rooms, bathroom with toilet and a storage room, and on the second - a kitchen, two bedrooms, an additional room and a bathroom with toilet. Each floor has separate electricity and water meters.

The construction is brick, the building is slab-built and requires renovation, allowing adaptation according to the needs of the new owners.

The property is located on an asphalt street with panoramic views of the sea and the town, providing tranquility and access to nature.

Suitable for permanent living or for two families thanks to the separate entrances and meters.

With 20% down over 20 years the monthly mortgage payment is about 461 €, against an expected local rent of 1,477 €. The rent covers the whole payment (320%).

Source: Market statistics for houses in Balchik