Sale

Studio 41 sq m in Boyan Balgaranov, Shumen with terrace

ShumenBoyan Bylgaranov 1
Published: 5 January 2026 Updated: 23 September 2026
Sale65,000 €1,585 €/m²
Expected rent401 € /mo

AT MARKET LEVEL

fairly priced

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

Area
41 m²
Floor
2 / 7
Construction
Panel
Year
1980

Yield analysis

Good investment rating

7.4% / yr
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 139% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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▲ 1.7% · 1,089 €
  1. 63,911 €14 September 2026Initial price
  2. 65,000 €▲ 1,089 € (1.7%) 23 September 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 1-room apartments in Boyan Bylgaranov 1 (15 properties) — 1,585 €/m² against 1,500 €/m².

Studio with an area of 41 sq m is located in the Boyan Balgaranov district of the city of Shumen. The apartment is situated on the second floor of a seven-storey prefab panel building, built in 1980.

The layout includes an L-shaped corridor, one room, kitchen, and a large terrace. The kitchen is placed in the corridor, allowing more flexible use of the main room as a living room or bedroom. The bathroom and toilet are combined in one space.

The building is prefab panel construction, and the apartment needs renovation. The property is approved for replacing stoves with air conditioners, which will improve heating. Access control is available.

The district is a central part of the city with good infrastructure and convenient access to city services and transport.

The property is suitable for people seeking a compact home with renovation potential in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 401 €. The rent covers the whole payment (139%).

The asking price has risen by 1,089 € (1.7%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • large terrace
  • access control
  • central location
Cons
  • needs renovation
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 2% higher than when it was first advertised.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 271 days.

  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
  • terrace
  • bathroom
  • toilet

Amenities

  • Access Control
  • Needs Renovation

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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