House with 8 rooms and sea view in Balchik

This house is priced about 56,000 € below the typical price (the median) for houses in Balchik (328 properties) — 1,000 €/m² against 1,335 €/m².

House with a built-up area of 176 sq m, located in the center of Balchik, close to the sea and the promenade. The property is situated on a 500 sq m plot with easy access via an asphalt road.

The layout includes two floors with a total of 8 rooms, two bathrooms with toilets, an entrance hall on each floor, a basement, and a large attic space. The interior allows flexible use and is suitable for family use or other purposes after minor renovation works.

The building is brick with concrete slabs between floors and to the attic, providing a stable structure. The property has electricity and water connections, as well as a fence made of Balchik stone. There is a large parking area in front of the house.

The location offers tranquility, as the house is the last on the street with open space in front and neighbors who live year-round. The town center and the sea are within walking distance.

The property is suitable for use as a family home or vacation property, combining convenience and proximity to the seaside area.

With 20% down over 20 years the monthly mortgage payment is about 741 €, against an expected local rent of 1,477 €. The rent covers the whole payment (199%).

Source: Market statistics for houses in Balchik