+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
Sale270,000 €1,421 €/m²
Expected rent1,477 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Balchik (328 properties)
Area
190 m²
Land Area
540 m²
Floor
0 / 2
Construction
Brick
Year
2007
Yield analysis
Good investment rating
Monthly payment1,198 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
7 changes since listing▲ 13% · 31,000 €
- 239,000 €
- 250,000 €▲ 11,000 € (4.6%)
- 300,000 €▲ 50,000 € (20%)
- 255,000 €▼ 45,000 € (15%)
- 310,000 €▲ 55,000 € (21.6%)
- 300,000 €▼ 10,000 € (3.2%)
- 279,000 €▼ 21,000 € (7%)
- 270,000 €▼ 9,000 € (3.2%)
Property analysis
This house is priced at the typical price (the median) for houses in Balchik (328 properties) — 1,421 €/m² against 1,335 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,198 €, against an expected local rent of 1,477 €. The rent covers the whole payment (123%).
This property is advertised in 4 offers from 4 different sellers. The gap between the cheapest and the dearest is 40,000 €. It has been listed for 741 days. The asking price has risen by 31,000 € (13%) since it was first listed.
Amenities
- With Parking
- Internet Connection
- Access Control
- 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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