+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
Sale200,000 €1,219 €/m²
Expected rent1,477 € /mo
~19,000 € BELOW MARKET
good value
against the median for houses in Balchik (328 properties)
Area
164 m²
Construction
Brick
Year
2007
Yield analysis
Strong investment rating
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 166% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▲ 2.6% · 5,000 €
- 195,000 €
- 200,000 €▲ 5,000 € (2.6%)
Property analysis
This house is priced about 19,000 € below the typical price (the median) for houses in Balchik (328 properties) — 1,219 €/m² against 1,335 €/m².
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 1,477 €. The rent covers the whole payment (166%).
The asking price has risen by 5,000 € (2.6%) since it was first listed.
Amenities
- With Parking
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Security
- Gated Community
- Tax Credit Option
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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