Sale

2-bedroom apartment in Shumen, 5-Ti Polk

Shumen5-Ti Polk
Published: 7 July 2025 Updated: 9 February 2026
Sale63,911 €1,162 €/m²
Expected rent402 € /mo

~16,000 € BELOW MARKET

good value

against the median for 2-room apartments in 5-Ti Polk (55 properties)

Area
55 m²
Floor
10 / 10
Construction
Brick
Year
1970

Yield analysis

Good investment rating

7.5% / yr
Monthly payment284 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood

The rent covers 142% 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.

Price history

1 change since listing▼ 3.9% · 2,589 €
  1. 66,500 €7 July 2025Initial price
  2. 63,911 €▼ 2,589 € (3.9%) 9 February 2026Price reducedCurrent

Property analysis

This apartment is priced about 16,000 € below the typical price (the median) for 2-room apartments in 5-Ti Polk (55 properties) — 1,162 €/m² against 1,450 €/m².

With 20% down over 20 years the monthly mortgage payment is about 284 €, against an expected local rent of 402 €. The rent covers the whole payment (142%).

The asking price has fallen by 2,589 € (3.9%) since it was first listed.

Source: Market statistics for 2-room apartments in 5-Ti Polk

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 20% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 452 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

  4. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator
  • Needs Renovation

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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