Sale

House in Dobrich, Balchik

Oblast DobrichBalchik
Published: 8 July 2024 Updated: 8 July 2024
Sale440,000 €1,973 €/m²
Expected rent1,477 € /mo

~142,500 € ABOVE MARKET

overpriced

against the median for houses in Balchik (328 properties)

Area
223 m²
Land Area
350 m²
Construction
Brick
Year
2008

Yield analysis

Fair investment rating

4% / yr
Monthly payment1,952 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood

The rent covers 76% of the payment — you top up about 475 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 142,500 € above the typical price (the median) for houses in Balchik (328 properties) — 1,973 €/m² against 1,335 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,952 €, against an expected local rent of 1,477 €. The rent covers 76% of it.

Source: Market statistics for houses in Balchik

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
4

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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