Two houses with sea view in Balchik, Dobrich region

This house is priced about 154,500 € below the typical price (the median) for houses in Balchik (329 properties) — 677 €/m² against 1,333 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The property consists of two detached houses in a shared yard of 394 sq m in the Momchil area, near the town of Balchik and the Albena resort.

The layout includes the first house with two levels – on the ground floor there is a hall and additional rooms, and on the second floor – two bedrooms, a bathroom, and a large terrace with sea panorama; the second house is two-storey with three rooms, a terrace, and a bathroom.

The construction is brick from 2000, with the property having its own water source (well), internet, and access control. The second house needs refreshing renovation.

The location is convenient, on the main road between Albena and Balchik, suitable for living, business or rental purposes, close to seaside resorts and natural landmarks.

The property offers balanced conditions for combined use – residential and business, providing functionality and variety of options for habitation or investment.

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,477 €. The rent covers the whole payment (208%).

The asking price has fallen by 28,010 € (14.9%) since it was first listed.

Source: Market statistics for houses in Balchik