Sale

Studio 40 sq m in Boyan Balgaranov, Shumen with terrace

ShumenBoyan Bylgaranov 1
Published: 9 August 2026 Updated: 30 September 2026
Sale70,000 €1,750 €/m²
Expected rent400 € /mo

~10,000 € ABOVE MARKET

above market

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

Area
40 m²
Floor
5 / 7
Construction
Panel

Yield analysis

Good investment rating

6.9% / yr
Monthly payment311 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 129% 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.

Property analysis

This apartment is priced about 10,000 € above the typical price (the median) for 1-room apartments in Boyan Bylgaranov 1 (15 properties) — 1,750 €/m² against 1,500 €/m².

Studio with an area of 40 sq m is located in the Boyan Balgaranov district of Shumen. The apartment is situated on the 5th floor of a 7-storey prefab panel building.

The property includes a living room, kitchen, bathroom with toilet, corridor, and terrace, with a functional layout that allows optimal use of space.

The building is prefab panel construction, and the apartment has replaced PVC windows in the living room and a renovated bathroom with new tiles. The furnishings are older and require refreshing according to the preferences of the new owner.

The district offers a quiet urban environment with access to essential amenities and transport connections.

The property is suitable for personal use or as an investment, thanks to its practical layout and location.

With 20% down over 20 years the monthly mortgage payment is about 311 €, against an expected local rent of 400 €. The rent covers the whole payment (129%).

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

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • replaced PVC windows
Cons
  • prefab panel block
  • older furnishings

Questions for the viewing

Only on imotesa

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

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

    Because: Prefabricated panel construction.

  2. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

Layout

  • living room
  • kitchen
  • terrace
  • corridor

Details

Category
Residential
Rooms
1
Bathrooms
1

Approximate location

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

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