+84% above market
median 1,335 €/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
Sale135,000 €1,483 €/m²
Expected rent1,477 € /mo
~13,500 € ABOVE MARKET
above market
against the median for houses in Balchik (328 properties)
Area
91 m²
Land Area
1,074 m²
Floor
0 / 0
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 247% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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▼ 3.6% · 5,000 €
- 140,000 €
- 135,000 €▼ 5,000 € (3.6%)
Property analysis
This house is priced about 13,500 € above the typical price (the median) for houses in Balchik (328 properties) — 1,483 €/m² against 1,335 €/m².
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 1,477 €. The rent covers the whole payment (247%).
The asking price has fallen by 5,000 € (3.6%) since it was first listed.
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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