median 1,500 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 401 €/mo rent · you top up ~ 185 €/mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in 5-Ti Polk (55 properties)
Good investment rating
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for 2-room apartments in 5-Ti Polk (55 properties) — 1,401 €/m² against 1,450 €/m².
Two-room apartment in the town of Shumen, 5-ti polk district, located on the 5th floor of an eight-storey building with an elevator.
The layout includes two rooms, a kitchen, a corridor, a bathroom with toilet, and a large terrace that spans all three rooms.
The building is brick, with partially replaced PVC windows, and the apartment is in need of renovation, allowing adaptation according to the new owners' needs.
The location is convenient, close to Arena Shumen, kindergartens, bus stops, and shops, making it suitable for families and young couples.
The property offers a functional layout and the possibility for renovation according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 354 €, against an expected local rent of 401 €. The rent covers the whole payment (113%).
The asking price has fallen by 10,100 € (11.2%) since it was first listed.
Source: Market statistics for 2-room apartments in 5-Ti Polk
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 366 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 11%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,500 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 401 €/mo rent · you top up ~ 185 €/mo
median 1,500 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 401 €/mo rent · you top up ~ 79 €/mo
median 1,500 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 401 €/mo rent · you top up ~ 200 €/mo
median 1,450 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 401 €/mo rent · pays for itself in ~ 18 yrs
median 1,450 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 401 €/mo rent · you top up ~ 96 €/mo
median 1,450 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 401 €/mo rent · you top up ~ 96 €/mo
median 1,450 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 401 €/mo rent · pays for itself in ~ 18 yrs
median 1,500 €/m² for comparable properties
Rent covers ~ 43% of the payment
~ 401 €/mo rent · you top up ~ 537 €/mo