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House in Balk, 2 bedrooms, 45 m² €178.500 sold quickly

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Bedrooms

Bathrooms

45 m²

Surface area

€

€3967

Price per m²

House

Property type

House in Balk, 2 bedrooms, 45 m² - Afbeelding 1

House in Balk, 2 bedrooms, 45 m² - Afbeelding 2

House in Balk, 2 bedrooms, 45 m² - Afbeelding 3

+2 photos

Analysis

View Report

Price

€178.500

Own investment (30%)

30% down payment of purchase price

€53.550

Buyer costs

Buyer costs: 10% of purchase price

€17.850

Estimated nightly rate

€110,60

Expected occupancy rate

59%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage (3.3% interest)

-€343,61

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€37,50

Cleaning costs

Annual cleaning costs: €3500 (€291,67/month). Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€297,72

Municipal taxes

Municipal taxes for Balk

-€41,85

Tax (21%)

This is the VAT percentage you pay in the country of the property.

-€204,22

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€110,60

High season

€117

Mid season

€109,92

Low season

€99

Price determining factors

Location proximity to lakes and natural attractions
Property condition and modern design
Eco-friendly materials used
Seasonal demand fluctuations
Local economic growth and tourism trends
Amenities and interior quality

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate	Hotel / apartment	Distance
€95,40	Chalet with AIR CONDITIONING on the edge of the forest	8.1 km
€132	Luxury waterfront vacation home, Lemmer	8.3 km
€188,40	Former farmworker's house on the water	11.0 km
€170,20	It HavenNêst	13.1 km
€143,80	Lovely cottage on fishing water with unobstructed views	13.3 km
€226	Atmospheric canal house in the city center on the waterway	14.4 km
€143,80	Unique holiday home on open water Friesland	14.7 km
€132,40	Wooden nature house with a view. Close to lake.	15.3 km
€148,40	Nature in sight	17.8 km
€146,40	Nice house on the Boarne, near the Frisian lakes	25.0 km

Return & Value appreciation

Annual return

12.91%

5 Year Return

64.55%

10 Year Return

129.10%

ROI Distribution

Value development

Factors for value appreciation

Property condition: The photos show a modern, well-maintained interior with high-quality eco-friendly materials, which supports steady appreciation.
Local market trends in 2027: The Dutch real estate market is expected to remain stable with moderate growth, especially in sustainable and eco-friendly properties.
Property type: A holiday home in a scenic area like Balk has strong seasonal demand, which can boost appreciation.
Economic outlook in 2027: The Netherlands is projected to have a stable economy with growth in tourism and sustainable living sectors.
Demographic developments: Increasing interest in eco-friendly and sustainable living among younger demographics could positively influence property values.
Infrastructure plans in 2027: Ongoing infrastructure improvements in Balk and surrounding areas are likely to enhance property appeal.
Historical WOZ value development: The WOZ value has shown consistent growth, indicating a positive trend in property valuation.

Possible improvements

Upgrade outdoor amenities such as a deck or patio to attract higher-paying guests.
Add modern appliances or smart home features for increased comfort.
Improve landscaping and outdoor lighting for better curb appeal.
Enhance interior decor with contemporary furnishings to justify premium pricing.
Implement eco-friendly upgrades like solar panels to appeal to eco-conscious travelers.

Risk assessment

Overall risk: Low

Criterion	Level	Score	Explanation
Location quality	Medium	60	The property is in Balk, a desirable area, but not a major urban center, which slightly limits appreciation potential.
Tenant demand	Medium	55	Demand for holiday homes and eco-friendly properties is steady but seasonal.
Cash flow stability	Low	40	The property’s use as a holiday home may lead to seasonal income fluctuations.
Vacancy risk	Medium	50	Seasonal demand can cause periods of vacancy, especially outside peak seasons.
Property condition / capital expenditure risk	Low	45	The property appears well-maintained with eco-friendly materials, reducing immediate capital expenditure risks.
Purchase price vs market value	Low	40	Current price aligns well with market trends for similar eco-friendly holiday homes.
Financing risk (leverage)	Low	35	The property’s price is manageable, and financing options are available with favorable terms.
Interest rate risk	Medium	55	Potential interest rate increases could impact financing costs, but current rates are favorable.
Liquidity risk	Medium	50	Holiday homes can be less liquid than primary residences, especially in off-peak seasons.
Market risk (economic conditions)	Low	45	The Dutch economy is stable, with low risk of downturn affecting property values.
Regulatory / legal risk	Low	40	No significant legal or regulatory issues are apparent for this property.
Rent level vs market rent	Medium	55	Seasonal rental markets can fluctuate, affecting rental income stability.
Tenant concentration risk	Very low	20	The property is a holiday home, not subject to tenant concentration risks.
Expense risk	Low	40	Eco-friendly design reduces ongoing maintenance and utility costs.
Appreciation potential	Medium	65	Steady appreciation expected due to location and eco-friendly features.
Exit risk (resale ability)	Medium	60	Niche market may limit quick resale, but demand for sustainable properties supports resale value.
Management complexity risk	Low	35	Minimal management required for a holiday home with eco-friendly features.
Deal structure risk	Low	40	Standard purchase process with no apparent complications.

Description

Discover the charming Yfke holiday home in Balk, Netherlands, a perfect retreat for families seeking comfort and sustainability. This beautifully designed 4-person vacation house features two bedrooms and is crafted with high-quality, eco-friendly materials, making it an ideal choice for eco-conscious buyers interested in Dutch real estate. The wooden accents blend seamlessly with the natural surroundings of Balk, Netherlands, creating a warm and inviting atmosphere. Large windows flood the interior with natural light, enhancing the bright and airy feel of the property.

Location

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