−19% below market
median 1,532 €/m² for comparable properties
79,000 € 1,234 €/m²
Rent covers ~ 114% of the payment
~ 401 €/mo rent · pays for itself in ~ 16 yrs
Sale76,000 €1,688 €/m²
Expected rent401 € /mo
~7,000 € BELOW MARKET
good value
against the median for 1-room apartments in Trakiya (25 properties)
Area
45 m²
Floor
3 / 8
Construction
Panel
Year
1980
Yield analysis
Good investment rating
Monthly payment337 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood
The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 7,000 € below the typical price (the median) for 1-room apartments in Trakiya (25 properties) — 1,688 €/m² against 1,850 €/m².
One-room apartment in the city of Shumen, Trakia district. It has an area of 45 sq m and is located on the third floor of eight in a prefab panel block from 1980.
The layout is functional, suitable for one or two people, with a separate room and the possibility to designate a kitchenette.
The building is prefab panel construction, and the apartment has undergone major renovation, which improves the condition of the rooms and installations.
The location is near Bulgaria Blvd, providing convenient access to urban infrastructure and services.
Suitable for people looking for a compact home with an updated interior and good city transport connections.
With 20% down over 20 years the monthly mortgage payment is about 337 €, against an expected local rent of 401 €. The rent covers the whole payment (119%).
Pros and cons
AI summaryPros
- after major renovation
- functional layout
- third floor
- near boulevard
Cons
- prefab panel construction
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.
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
- room
- 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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