Sale

One-room apartment in Shumen, Boyan Bulgaranov with terrace

ShumenBoyan Bylgaranov 1
Published: 19 June 2026 Updated: 30 September 2026
Sale51,900 €1,297 €/m²
Expected rent400 € /mo

~8,000 € BELOW MARKET

good value

against the median for 1-room apartments in Boyan Bylgaranov 1 (15 properties)

Area
40 m²
Floor
5 / 7
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

9.3% / yr
Monthly payment230 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 174% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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▼ 5.6% · 3,100 €
  1. 55,000 €19 June 2026Initial price
  2. 51,900 €▼ 3,100 € (5.6%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 8,000 € below the typical price (the median) for 1-room apartments in Boyan Bylgaranov 1 (15 properties) — 1,297 €/m² against 1,500 €/m².

Apartment with one room in the town of Shumen, district Boyan Bulgaranov 1. The property is located on the fifth floor of a seven-storey prefab panel building with an elevator.

The layout includes a L-shaped corridor, a room, and a kitchen, both of which have access to terraces. The kitchen is separated in the corridor, allowing the room to be converted into a living room or bedroom. There is a built-in wardrobe in the corridor that can be used as a pantry.

The building is prefab panel from 1980, the apartment needs renovation. All main utilities and an elevator are available.

The location is convenient, close to a school, kindergarten, shops, and bus stops, providing good infrastructure and accessibility.

The property is suitable for people looking for a functional home with the possibility of renovation and adaptation according to their needs.

With 20% down over 20 years the monthly mortgage payment is about 230 €, against an expected local rent of 400 €. The rent covers the whole payment (174%).

The asking price has fallen by 3,100 € (5.6%) since it was first listed.

Source: Market statistics for 1-room apartments in Boyan Bylgaranov 1

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • elevator
  • close to school
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 14% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

  3. 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.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • room
  • kitchen

Amenities

  • Elevator
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
1
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby