median 1,460 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 400 €/mo rent · you top up ~ 203 €/mo
~10,500 € BELOW MARKET
good value
against the median for 1-room apartments in Boyan Bylgaranov 1 (15 properties)
Strong investment rating
The rent covers 150% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 about 10,500 € below the typical price (the median) for 1-room apartments in Boyan Bylgaranov 1 (15 properties) — 1,276 €/m² against 1,500 €/m².
One-room apartment in the town of Shumen, Boyan Bulgaranov district. The property has an area of 47 sq m and is located on the 12th floor of 14 in a prefab panel block.
The layout includes a dual-aspect living room, kitchen nook with dining area, large corridor, storage room, bathroom with toilet, and a large terrace. There is a basement storage room of 2.91 sq m.
The apartment is in need of renovation, allowing adaptation according to personal preferences. The construction is prefab panel, with no additional information about the year built or available amenities.
The location is close to Lidl 2 store, providing easy access to daily services and transport. The aspect is southeast, contributing to good natural light.
The property is suitable both for personal use as a family home and as an investment for rental due to its functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 266 €, against an expected local rent of 400 €. The rent covers the whole payment (150%).
The asking price has risen by 8,871 € (17.4%) since it was first listed.
Source: Market statistics for 1-room apartments in Boyan Bylgaranov 1
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 17% higher than when it was first advertised.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 15% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 275 days.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 12 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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,460 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 400 €/mo rent · you top up ~ 203 €/mo
median 1,460 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 400 €/mo rent · you top up ~ 22 €/mo
median 1,524 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 400 €/mo rent · pays for itself in ~ 12 yrs
median 1,460 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 400 €/mo rent · pays for itself in ~ 17 yrs
median 1,460 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 400 €/mo rent · you top up ~ 168 €/mo
median 1,460 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 400 €/mo rent · you top up ~ 13 €/mo
median 1,500 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 400 €/mo rent · you top up ~ 266 €/mo
median 1,500 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 400 €/mo rent · you top up ~ 96 €/mo