−55% below market
median 1,336 €/m² for comparable properties
60,000 € 1,132 €/m²
Rent covers ~ 555% of the payment
~ 1,477 €/mo rent · pays for itself in ~ 3 yrs
Sale93,500 €1,100 €/m²
Expected rent1,477 € /mo
~20,000 € BELOW MARKET
good value
against the median for houses in Balchik (329 properties)
Area
85 m²
Land Area
85 m²
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment415 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 356% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 6.3% · 6,300 €
- 99,800 €
- 93,500 €▼ 6,300 € (6.3%)
Property analysis
This house is priced about 20,000 € below the typical price (the median) for houses in Balchik (329 properties) — 1,100 €/m² against 1,336 €/m².
House with an area of 85 sq m in Dobrich region, Balchik, located in the gated Lighthouse Golf & SPA Resort complex.
The layout includes two bedrooms, a living room with dining area and kitchen on the first floor, as well as a terrace on the second floor.
The construction is brick from 2008, with available air conditioners and furnishings, providing comfort throughout the year.
The complex offers security, video surveillance and parking spaces, located close to the sea and golf courses in the Balchik area.
The property is suitable for family use or seasonal rental, combining convenience and tranquility.
With 20% down over 20 years the monthly mortgage payment is about 415 €, against an expected local rent of 1,477 €. The rent covers the whole payment (356%).
This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 2,500 €. It has been listed for 357 days. The asking price has fallen by 6,300 € (6.3%) since it was first listed.
Pros and cons
AI summaryPros
- gated complex
- two-storey structure
- terrace
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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