median 1,866 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 402 €/mo rent · you top up ~ 130 €/mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Baseina (23 properties)
Good investment rating
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for apartments in Baseina (23 properties) — 1,761 €/m² against 1,866 €/m².
Studio with an area of 42 sq m, located in the town of Shumen, Baseyna district. The apartment is on the second floor of a seven-storey prefab panel building.
The layout is one-room, with the space being bright and having a south aspect, which provides good natural light. The property includes an adjacent basement for additional storage.
The building is prefab panel construction with an elevator, but the apartment requires renovation and updating according to the new owners' personal preferences.
The area is urbanized with access to city infrastructure and amenities typical for a residential district in Shumen.
The property is suitable for people looking for a functional home with potential for customization and investment in renovation.
With 20% down over 20 years the monthly mortgage payment is about 328 €, against an expected local rent of 402 €. The rent covers the whole payment (122%).
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 255 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,866 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 402 €/mo rent · you top up ~ 130 €/mo
median 1,866 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 402 €/mo rent · you top up ~ 153 €/mo
median 1,866 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 402 €/mo rent · you top up ~ 241 €/mo
median 1,866 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 402 €/mo rent · you top up ~ 130 €/mo
median 1,866 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 402 €/mo rent · pays for itself in ~ 15 yrs
median 1,866 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 402 €/mo rent · pays for itself in ~ 18 yrs
median 1,500 €/m² for comparable properties
No yield data
Appears once there's enough market data
median 1,866 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 402 €/mo rent · pays for itself in ~ 15 yrs