+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
Sale169,990 €1,089 €/m²
Expected rent1,477 € /mo
~38,500 € BELOW MARKET
good value
against the median for houses in Balchik (328 properties)
Area
156 m²
Land Area
600 m²
Construction
Modular Construction
Year
2004
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 38,500 € below the typical price (the median) for houses in Balchik (328 properties) — 1,089 €/m² against 1,335 €/m².
The house is located in Dobrich region, Balchik, in the city's villa area, about 2 km from the sea.
The layout includes two bedrooms, a spacious living room with dining area and fireplace, a separate kitchen, bathroom with toilet, and a veranda with views of greenery and the sea horizon.
The construction is modular from 2004, the property is fully furnished with quality furniture and equipped with air conditioning, internet, and parking.
The location offers quiet, fresh air, and proximity to natural landmarks such as the Botanical Garden and the Palace in Balchik.
The property is suitable for year-round living or a holiday home, combining convenience and tranquility near 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
- functional layout
- garage / parking space
- quality materials
- close to sea
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- bedroom
- bedroom
Amenities
- With Parking
- Internet Connection
- Access Control
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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