House with sea view in Balchik, Dobrich region

This house is priced about 70,500 € below the typical price (the median) for houses in Balchik (329 properties) — 534 €/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.

House with an area of 88 sq m, located in a resort area of Balchik, Dobrich region. The property is two-storey and situated on level ground with a view of the Black Sea.

The layout is standard for a house of this type but requires full renovation or demolition for new construction. The interior space is not described in detail, which suggests the need for further investigation.

The construction is brick from 1990, with electricity and water connections available and active. The condition of the property necessitates repair work or investment for reconstruction.

The location offers easy access to the main road and bus stops, providing convenient connections to surrounding areas and the sea. The surroundings are a resort zone with investment potential.

The property is suitable for people looking for a seaside property with the possibility of customization through renovation or new construction.

With 20% down over 20 years the monthly mortgage payment is about 209 €, against an expected local rent of 1,477 €. The rent covers the whole payment (708%).

Source: Market statistics for houses in Balchik