median 1,500 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 400 €/mo rent · you top up ~ 392 €/mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Boyan Bylgaranov 2 (15 properties)
Good investment rating
The rent covers 145% 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 at the typical price (the median) for 1-room apartments in Boyan Bylgaranov 2 (15 properties) — 1,512 €/m² against 1,524 €/m².
One-room apartment in the city of Shumen, Boyan Bulgaranov district, located on the third floor of a seven-storey prefab panel building.
The layout includes an L-shaped corridor, spacious living room with glazed terrace, kitchen with potential for a second terrace, and a shared bathroom.
The building dates from 1980, with an elevator and access control, and the apartment is equipped with air conditioning and a replaced entrance door. The flooring is laminate and ceramic tiles in the bathroom.
The location is convenient, close to a school, shops, pharmacy, and public transport stops.
The property is suitable for living or investment, offering a functional layout and good access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 275 €, against an expected local rent of 400 €. The rent covers the whole payment (145%).
The asking price has fallen by 3,000 € (4.6%) since it was first listed.
Source: Market statistics for 1-room apartments in Boyan Bylgaranov 2
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 5% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 208 days.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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