Sale−8% below market

Two-room apartment in Shumen, Baseina with terrace

ShumenBaseina
Published: 7 August 2026 Updated: 30 September 2026
Sale120,000 €2,068 €/m²
Expected rent402 € /mo
Area
58 m²
Floor
1 / 4
Construction
Brick
Year
1980

Yield analysis

Fair investment rating

4% / yr
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood

The rent covers 76% of the payment — you top up about 130 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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▼ 6.3% · 8,000 €
  1. 128,000 €7 August 2026Initial price
  2. 120,000 €▼ 8,000 € (6.3%) 10 September 2026Price reducedCurrent

Property analysis

This apartment is priced 8% below the typical price (the median) for comparable properties — 1,714 €/m² against 1,866 €/m².

Apartment with 2 rooms in the town of Shumen, Baseina district. The property has an area of 58 sq m and is located on the first floor of a four-storey brick building, built in 1980.

The layout includes a bedroom, kitchen, living room, bathroom with toilet, and an east-facing terrace. The interior has no improvements and is offered unfurnished.

The building is brick construction with controlled access, but the property needs renovation. Heating and other amenities are not specified.

The location is close to playgrounds, grocery stores, and bus stops, providing convenience for daily needs.

Suitable for a family looking for a home with potential for renovation in a well-serviced area.

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 402 €. The rent covers 76% of it.

The asking price has fallen by 8,000 € (6.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Baseina

Pros and cons

AI summary
Pros
  • functional layout
  • east aspect
  • close to playgrounds
Cons
  • needs renovation
  • ground floor

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

  2. 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.

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

    Because: The building dates from 1980 — about 46 years old.

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

  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
  • kitchen
  • living room
  • bathroom

Amenities

  • Access Control
  • Needs Renovation

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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