+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
Sale110,000 €1,222 €/m²
Expected rent1,477 € /mo
~10,000 € BELOW MARKET
good value
against the median for houses in Balchik (329 properties)
Area
90 m²
Land Area
270 m²
Construction
Brick
Year
2009
Heating
Local Heating
Yield analysis
Strong investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 303% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▲ 4.8% · 5,000 €
- 105,000 €
- 110,000 €▲ 5,000 € (4.8%)
- 103,000 €▼ 7,000 € (6.4%)
- 110,000 €▲ 7,000 € (6.8%)
Property analysis
This house is priced about 10,000 € below the typical price (the median) for houses in Balchik (329 properties) — 1,222 €/m² against 1,333 €/m².
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 1,477 €. The rent covers the whole payment (303%).
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 268 days. The asking price has risen by 5,000 € (4.8%) since it was first listed.
Amenities
- With Parking
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
Exposure
AI summaryNNorth
Even light, cooler during summer
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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