−55% below market
median 1,333 €/m² for comparable properties
60,000 € 1,132 €/m²
Rent covers ~ 555% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 3 yrs
Sale170,000 €1,000 €/m²
Expected rent1,477 € /mo
~57,000 € BELOW MARKET
good value
against the median for houses in Balchik (327 properties)
Area
170 m²
Land Area
460 m²
Construction
Brick
Year
2014
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 57,000 € below the typical price (the median) for houses in Balchik (327 properties) — 1,000 €/m² against 1,336 €/m².
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%).
Amenities
- Video Surveillance
- Access Control
- Security
- Renovated
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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