+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
Sale134,600 €448 €/m²
Expected rent1,477 € /mo
~266,000 € BELOW MARKET
far below market
against the median for houses in Balchik (328 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
300 m²
Land Area
547 m²
Construction
Brick
Year
2019
Yield analysis
Strong investment rating
Monthly payment597 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 247% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 266,000 € below the typical price (the median) for houses in Balchik (328 properties) — 448 €/m² against 1,335 €/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 is a two-storey house in Balchik, located in a villa area with a sea view. The total plot area is 547 sq m, with a built-up area of 300 sq m, divided into three separate entrances.
The layout includes on the first floor two bedrooms, a bathroom with shower cabin, and a large terrace with sea view, while the second floor offers a kitchen with living room, a second bathroom with bathtub, and another terrace with panoramic view.
The house was built of brick in 2019, equipped with parking, internet, and access control, offered fully furnished and ready to move in.
The location is convenient, close to shops, a bus stop and a café, in a quiet and peaceful area with beautiful sea views.
The property is suitable both as a holiday home and for year-round living due to its amenities and location.
With 20% down over 20 years the monthly mortgage payment is about 597 €, against an expected local rent of 1,477 €. The rent covers the whole payment (247%).
Pros and cons
AI summaryPros
- sea view
- functional layout
- parking
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- kitchen
- living room
Amenities
- With Parking
- Internet Connection
- Access Control
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−40% below market
median 1,335 €/m² for comparable properties
104,000 € 800 €/m²
Rent covers ~ 320% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 6 yrs
+52% above market
median 1,335 €/m² for comparable properties
325,000 € 2,031 €/m²
Rent covers ~ 102% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 18 yrs
+40% above market
median 1,335 €/m² for comparable properties
249,990 € 1,865 €/m²
Rent covers ~ 133% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 14 yrs
+14% above market
median 1,335 €/m² for comparable properties
274,900 € 1,527 €/m²
Rent covers ~ 121% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 16 yrs
+24% above market
median 1,335 €/m² for comparable properties
264,900 € 1,655 €/m²
Rent covers ~ 126% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 15 yrs
+23% above market
median 1,335 €/m² for comparable properties
325,000 € 1,658 €/m²
Rent covers ~ 102% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 18 yrs
+72% above market
median 1,335 €/m² for comparable properties
275,000 € 2,291 €/m²
Rent covers ~ 121% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 16 yrs