+84% above market
median 1,333 €/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
Sale245,000 €2,784 €/m²
Expected rent1,477 € /mo
~127,500 € ABOVE MARKET
overpriced
against the median for houses in Balchik (329 properties)
Area
88 m²
Land Area
350 m²
Construction
Brick
Year
2024
Yield analysis
Good investment rating
Monthly payment1,087 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 136% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 127,500 € above the typical price (the median) for houses in Balchik (329 properties) — 2,784 €/m² against 1,333 €/m².
The house is located in Dobrich region, Balchik, near the Albena resort complex.
The layout includes a spacious living room with kitchen and dining area, two bedrooms, and a modern bathroom, with all main rooms having access to a panoramic veranda.
The building is new-build from 2024, constructed with bricks and high-quality materials, equipped with parking spaces, internet, and video surveillance.
The location offers tranquility and easy access to beaches, the coastal promenade, and the marina, as well as restaurants and shops.
The property is suitable for year-round living or a holiday home with amenities for a comfortable stay by the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,087 €, against an expected local rent of 1,477 €. The rent covers the whole payment (136%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 121 days.
Pros and cons
AI summaryPros
- functional layout
- sea view
- new-build
- parking spaces
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
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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