Sale

Studio in Shumen, Boyan Balgaranov 2, with terrace

ShumenBoyan Bylgaranov 2
Published: 4 June 2026 Updated: 24 September 2026
Sale69,000 €1,725 €/m²
Expected rent401 € /mo

~8,000 € ABOVE MARKET

above market

against the median for 1-room apartments in Boyan Bylgaranov 2 (15 properties)

Area
40 m²
Floor
3 / 7
Construction
Panel
Year
1980

Yield analysis

Good investment rating

7% / yr
Monthly payment306 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 131% 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

2 changes since listing▼ 10.4% · 8,000 €
  1. 77,000 €4 June 2026Initial price
  2. 72,000 €▼ 5,000 € (6.5%) 4 July 2026Price reduced
  3. 69,000 €▼ 3,000 € (4.2%) 10 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 8,000 € above the typical price (the median) for 1-room apartments in Boyan Bylgaranov 2 (15 properties) — 1,725 €/m² against 1,524 €/m².

Studio in the town of Shumen, district Boyan Balgaranov 2, with an area of 40 sq m. The layout includes a corridor, kitchen/living room, living room/bedroom, bathroom with toilet, and terrace. The apartment is located on the 3rd floor of 7 in a prefab panel block with an elevator. The building dates from 1980, and the apartment has undergone full renovation with laminate and terracotta flooring. It is situated in an area with good infrastructure and access to city amenities. Suitable for a single person or couple seeking a functional home with basic conveniences.

With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 401 €. The rent covers the whole payment (131%).

The asking price has fallen by 8,000 € (10.4%) since it was first listed.

Source: Market statistics for 1-room apartments in Boyan Bylgaranov 2

Pros and cons

AI summary
Pros
  • south aspect
  • elevator
  • full renovation
  • terrace
Cons
  • 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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 10% below the original asking price.

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

    Because: Prefabricated panel construction.

  3. 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

  • corridor
  • kitchen/living room
  • living room/bedroom
  • bathroom

Amenities

  • Elevator

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.

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