median 1,336 €/m² for comparable properties
Rent covers ~ 555% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 3 yrs
~80,500 € ABOVE MARKET
overpriced
against the median for houses in Balchik (329 properties)
Strong investment rating
The rent covers 175% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 80,500 € above the typical price (the median) for houses in Balchik (329 properties) — 2,317 €/m² against 1,336 €/m².
House with an area of 82 sq m, located in the village of Sborno myasto, Balchik municipality, Dobrich region.
The layout includes a spacious living room, kitchen, two bedrooms, one of which has separate access from inside and outside, two bathrooms, a utility room, and two balconies.
The construction is brick, and the property is equipped with a heat pump, pellet stove, and solar panel for heating and hot water.
The property includes a garage, canopy, basement, and agricultural buildings, and the yard covers 555 sq m offering possibilities for a garden or relaxation area.
It is suitable both for year-round living and as a holiday home due to its amenities and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 1,477 €. The rent covers the whole payment (175%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,336 €/m² for comparable properties
Rent covers ~ 555% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 3 yrs
median 1,336 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 1,477 €/mo rent · you top up ~ 1,048 €/mo
median 1,336 €/m² for comparable properties
Rent covers ~ 320% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 6 yrs
median 1,336 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 18 yrs
median 1,336 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 14 yrs
median 1,336 €/m² for comparable properties
Rent covers ~ 121% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 16 yrs
median 1,336 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 15 yrs
median 1,336 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 18 yrs