−19% below market
median 1,532 €/m² for comparable properties
79,000 € 1,234 €/m²
Rent covers ~ 115% of the payment
~ 402 €/mo rent · pays for itself in ~ 16 yrs
Sale74,000 €1,681 €/m²
Expected rent402 € /mo
~7,500 € BELOW MARKET
good value
against the median for 1-room apartments in Trakiya (25 properties)
Area
44 m²
Floor
3 / 6
Construction
Panel
Year
1990
Yield analysis
Good investment rating
Monthly payment328 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 7,500 € below the typical price (the median) for 1-room apartments in Trakiya (25 properties) — 1,681 €/m² against 1,850 €/m².
The apartment is located in the city of Shumen, Trakiya district.
The layout has been converted from a studio to a two-room apartment with an area of 44 sq m, providing a more functional use of the space.
The building is prefab panel, built in 1990, with the apartment situated on the third floor of six. There is no information about additional amenities.
Trakiya district offers access to basic city services and transport, but there are no details about proximity to green areas or other specific features.
The property is suitable for people looking for a compact home with a practical layout in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 328 €, against an expected local rent of 402 €. The rent covers the whole payment (122%).
Pros and cons
AI summaryPros
- functional layout
- mid floor
Cons
- prefab panel construction
- lack of additional amenities
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- studio 44 sq m
- two-room
Details
- Category
- Residential
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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