+84% above market
median 1,333 €/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
Sale298,000 €1,490 €/m²
Expected rent1,477 € /mo
~31,500 € ABOVE MARKET
above market
against the median for houses in Balchik (329 properties)
Area
200 m²
Land Area
200 m²
Construction
Brick
Year
2020
Yield analysis
Fair investment rating
Monthly payment1,322 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 31,500 € above the typical price (the median) for houses in Balchik (329 properties) — 1,490 €/m² against 1,333 €/m².
House in Balchik, Izgrev villa zone, with an area of 200 sq m and a yard of 200 sq m.
The layout includes a living area with kitchen, six bedrooms and three bathrooms, one of which has a jacuzzi, as well as a large terrace with pergola and LED lighting.
The construction is brick from 2020, heating is by pellet stove and air conditioners in each bedroom, and the property has all necessary amenities and appliances.
The location is quiet, close to the sea and nature, about 5 minutes by car from the centre of Balchik and Albena resort.
Suitable for family use or as a holiday home with good functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 1,322 €, against an expected local rent of 1,477 €. The rent covers the whole payment (112%).
Pros and cons
AI summaryPros
- sea view
- garage with two parking spaces
- quality construction
- heating with stove
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area with kitchen
- bedroom
- bedroom
- bedroom
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
- Security
- Wiring
- Internet Connection
- Access Control
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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