Sale

House in Dobrich, Balchik

Oblast DobrichBalchik
Published: 1 May 2024 Updated: 1 May 2024
Sale490,000 €1,053 €/m²
Expected rent1,477 € /mo

~131,000 € BELOW MARKET

good value

against the median for houses in Balchik (328 properties)

Area
465 m²
Land Area
620 m²
Construction
Brick
Year
2012

Yield analysis

Low investment rating

3.6% / yr
Monthly payment2,174 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood

The rent covers 68% of the payment — you top up about 697 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 131,000 € below the typical price (the median) for houses in Balchik (328 properties) — 1,053 €/m² against 1,335 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,174 €, against an expected local rent of 1,477 €. The rent covers 68% of it.

Source: Market statistics for houses in Balchik

Details

Category
Residential
Bathrooms
8

Approximate location

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

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