6-room house with yard in Balchik, near forest

This house is priced about 100,000 € below the typical price (the median) for houses in Balchik (329 properties) — 777 €/m² against 1,333 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

House with an area of 180 sq m, located in Dobrich region, Balchik town, in the Ovcharovski Beach area. The property is on a 750 sq m yard plot, with parking space for several cars.

The layout includes a ground floor with a tavern, kitchen, separate room, garage and storage room; first floor with several rooms, bathroom and separate entrance to a room with terrace; second floor with large rooms and balconies.

The building was constructed in 2007 from brick and has its own street and garage. All rooms are furnished and have independent access to sanitary facilities.

The location is close to forest and natural environment, between two hills, providing a cooler climate in summer and privacy. The area is suitable for vacation or year-round living outside the urban environment.

The property offers a functional layout and conditions for comfortable living close to nature with good parking infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 1,477 €. The rent covers the whole payment (238%).

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 4,900 €. It has been listed for 103 days.

Source: Market statistics for houses in Balchik