+43% above market
median 1,227 €/m² for comparable properties
49,000 € 1,750 €/m²
Rent covers ~ 184% of the payment
~ 400 €/mo rent · pays for itself in ~ 10 yrs
Sale49,000 €1,750 €/m²
Expected rent400 € /mo
~14,500 € ABOVE MARKET
overpriced
against the median for apartments in Kurshun Cheshma (28 properties)
Area
28 m²
Floor
1 / 6
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment217 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood
The rent covers 184% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 14,500 € above the typical price (the median) for apartments in Kurshun Cheshma (28 properties) — 1,750 €/m² against 1,227 €/m².
One-room apartment with an area of 28 sq m, located in the Kurshun cheshma district, Shumen.
The layout includes a bright room, a functional corridor with a kitchenette and a bathroom.
The property is in a brick building and is situated on the first residential floor out of six. The property also includes an adjacent attic space, which can be used for additional functionality or income.
The district offers convenient access to urban infrastructure and is suitable for living or renting out.
The property is suitable for people looking for a compact home with the possibility of additional benefit from the attic space.
With 20% down over 20 years the monthly mortgage payment is about 217 €, against an expected local rent of 400 €. The rent covers the whole payment (184%).
Pros and cons
AI summaryPros
- functional layout
- attic room
- brick construction
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- one-room
- bathroom
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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+43% above market
median 1,227 €/m² for comparable properties
49,000 € 1,750 €/m²
Rent covers ~ 184% of the payment
~ 400 €/mo rent · pays for itself in ~ 10 yrs