median 1,765 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 401 €/mo rent · you top up ~ 309 €/mo
~14,500 € BELOW MARKET
good value
against the median for apartments in 2-Ri Korpus (16 properties)
Fair investment rating
The rent covers 95% of the payment — you top up about 20 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 about 14,500 € below the typical price (the median) for apartments in 2-Ri Korpus (16 properties) — 1,530 €/m² against 1,765 €/m².
2-room apartment in Shumen, 2nd complex area, located on the 7th floor of 8. The property has an area of 62 sq m and includes a basement room of 4 sq m.
The layout is functional, with two separate rooms and an east aspect, providing daylight during the morning hours. From each room there is a panoramic view of the Madara Rocks and the reservoir.
The building is prefab panel from 1970, equipped with an elevator, and the apartment is maintained with partial improvements such as PVC windows and laminate flooring. Included are air conditioning, a boiler, and an extractor hood.
The location is between City Center and the Second Complex of the university, on Veliki Preslav Blvd, providing convenient access to urban infrastructure and services.
The property is suitable for living considering the balance between functionality, location, and maintenance.
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 401 €. The rent covers 95% of it.
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 13% below the average for comparable properties.
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 1970 — about 56 years old.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Morning sun, cooler afternoons
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,765 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 401 €/mo rent · you top up ~ 309 €/mo
median 1,765 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 401 €/mo rent · you top up ~ 242 €/mo
median 1,765 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 401 €/mo rent · you top up ~ 331 €/mo
median 1,765 €/m² for comparable properties
Rent covers ~ 30% of the payment
~ 401 €/mo rent · you top up ~ 930 €/mo
median 1,765 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 401 €/mo rent · you top up ~ 220 €/mo
median 1,765 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 401 €/mo rent · you top up ~ 242 €/mo
Rent covers ~ 62% of the payment
~ 401 €/mo rent · you top up ~ 242 €/mo
median 1,765 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 401 €/mo rent · you top up ~ 442 €/mo