+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
Sale198,000 €933 €/m²
Expected rent1,477 € /mo
~84,500 € BELOW MARKET
good value
against the median for houses in Balchik (329 properties)
Area
212 m²
Land Area
568 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment878 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 168% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 84,500 € below the typical price (the median) for houses in Balchik (329 properties) — 933 €/m² against 1,333 €/m².
House with a built-up area of 212 sq m, located on a private plot of 568 sq m in the Izgrev area, near the Albena resort complex.
Layout: both floors function as independent residences, each with a living room, kitchen, two bedrooms and a bathroom with toilet; the first floor has a large panoramic veranda, the second – a terrace with sea view.
The construction is brick, the property has internet and an outdoor swimming pool, summer kitchen and parking space.
The location offers tranquility and fresh air, about 5 minutes by car from the beaches of Albena and close to tourist and sports facilities such as golf complexes and Tuzlata balneological centre.
Suitable for permanent residence or holiday home with rental potential thanks to the separate residential units and amenities.
With 20% down over 20 years the monthly mortgage payment is about 878 €, against an expected local rent of 1,477 €. The rent covers the whole payment (168%).
Pros and cons
AI summaryPros
- functional layout
- pool
- panoramic view
- private yard
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- living room
- kitchen
- bedroom
- bedroom
- bathroom
Amenities
- Internet Connection
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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