+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
Sale264,900 €1,655 €/m²
Expected rent1,477 € /mo
~51,500 € ABOVE MARKET
overpriced
against the median for houses in Balchik (329 properties)
Area
160 m²
Land Area
470 m²
Construction
Brick
Year
2024
Yield analysis
Good investment rating
Monthly payment1,175 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 126% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 51,500 € above the typical price (the median) for houses in Balchik (329 properties) — 1,655 €/m² against 1,333 €/m².
The house is located in Balchik, Dobrich region, close to a bus stop.
The layout includes a ground floor with a living room with fireplace, kitchen with storage, bathroom, and laundry room, while the second floor has three bedrooms, two bathrooms, and a shared terrace with sea view.
The building is brick-built from 2024, equipped with an alarm system and an irrigation system for the garden, which is landscaped and features a barbecue area and parking space.
The location offers convenient access to city infrastructure and transport, while providing tranquility and sea views.
The property is suitable for family use focusing on comfort and functionality close to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,175 €, against an expected local rent of 1,477 €. The rent covers the whole payment (126%).
Pros and cons
AI summaryPros
- sea view
- functional layout
- private yard
- new-build
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
- bedroom
Amenities
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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