+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
Sale167,000 €948 €/m²
Expected rent1,477 € /mo
~68,000 € BELOW MARKET
good value
against the median for houses in Balchik (328 properties)
Area
176 m²
Land Area
483 m²
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment741 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 199% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 7.2% · 13,000 €
- 180,000 €
- 175,000 €▼ 5,000 € (2.8%)
- 170,000 €▼ 5,000 € (2.9%)
- 167,000 €▼ 3,000 € (1.8%)
Property analysis
This house is priced about 68,000 € below the typical price (the median) for houses in Balchik (328 properties) — 948 €/m² against 1,335 €/m².
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%).
The asking price has fallen by 13,000 € (7.2%) since it was first listed.
Amenities
- With Transition
- With Parking
- Internet Connection
- Access Control
- Needs Renovation
- Tax Credit Option
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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