−40% below market
median 1,333 €/m² for comparable properties
104,000 € 800 €/m²
Rent covers ~ 320% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 6 yrs
Sale569,000 €2,452 €/m²
Expected rent1,477 € /mo
~259,500 € ABOVE MARKET
overpriced
against the median for houses in Balchik (329 properties)
Area
232 m²
Land Area
908 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment2,525 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 1,048 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 259,500 € above the typical price (the median) for houses in Balchik (329 properties) — 2,452 €/m² against 1,333 €/m².
The house is located in Dobrich region, Balchik, on a plot of 908 sq m with a building area of 232 sq m.
The layout includes two levels: on the first is a living room with kitchen and fireplace, and on the second - three bedrooms with separate bathrooms and a terrace with panoramic view.
The construction is brick, using natural materials such as wood and stone, and the property includes a garage and pool.
The location is close to the sea, in a picturesque village between Balchik and Albena, with easy access to the beach and Varna city.
The property is suitable for family use or vacation, combining convenience and natural environment.
With 20% down over 20 years the monthly mortgage payment is about 2,525 €, against an expected local rent of 1,477 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- pool
- garage
- panoramic view
- natural materials
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- With Parking
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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