Sale

Two-room apartment in Shumen, 64 sq m, with two terraces

Shumen5-Ti Polk
Published: 8 May 2026 Updated: 25 September 2026
Sale81,250 €1,269 €/m²
Expected rent401 € /mo

~11,500 € BELOW MARKET

good value

against the median for 2-room apartments in 5-Ti Polk (54 properties)

Area
64 m²
Floor
7 / 10
Construction
EPC
Year
1920

Yield analysis

Fair investment rating

5.9% / yr
Monthly payment360 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 111% 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.

Price history

1 change since listing▼ 6.6% · 5,750 €
  1. 87,000 €6 June 2026Initial price
  2. 81,250 €▼ 5,750 € (6.6%) 4 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 11,500 € below the typical price (the median) for 2-room apartments in 5-Ti Polk (54 properties) — 1,269 €/m² against 1,450 €/m².

Two-room apartment in the city of Shumen, 5-ti Polk district, located on the 7th floor of a 10-storey building. The total area is 64 sq m, with east aspect and two terraces.

The layout includes a corridor, kitchen, bedroom, living room, and combined bathroom with toilet. The apartment is mid-positioned in the building, which provides better thermal insulation.

The building has an EPK prefab structure from 1920, currently undergoing renovation and has two elevators – a freight and a passenger elevator for three people. There is a basement storage linked to the property.

The location is close to Arena Shumen, kindergartens, bus stops, and shops, providing conveniences for daily life.

The property is suitable for living in an urban environment with good infrastructure and transport options.

With 20% down over 20 years the monthly mortgage payment is about 360 €, against an expected local rent of 401 €. The rent covers the whole payment (111%).

The asking price has fallen by 5,750 € (6.6%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • two terraces
  • elevator in building
  • close to transport
  • renovating block
Cons
  • needs renovation
  • combined bathroom and toilet

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 13% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 7%.

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

    Because: The building dates from 1920 — about 106 years old.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 7 and the listing does not mention a lift.

  5. 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.

Layout

  • bedroom
  • living room
  • kitchen

Exposure

AI summary
EEast

Morning sun, cooler afternoons

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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