+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
Sale225,000 €1,022 €/m²
Expected rent1,477 € /mo
~68,500 € BELOW MARKET
good value
against the median for houses in Balchik (328 properties)
Area
220 m²
Land Area
700 m²
Construction
Brick
Year
2020
Yield analysis
Good investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 148% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 68,500 € below the typical price (the median) for houses in Balchik (328 properties) — 1,022 €/m² against 1,335 €/m².
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 1,477 €. The rent covers the whole payment (148%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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