Sale

Two-room apartment in Shumen with two terraces

ShumenBoyan Bylgaranov 1
Published: 3 August 2026 Updated: 1 October 2026
Sale77,000 €1,305 €/m²
Expected rent400 € /mo

~9,000 € BELOW MARKET

good value

against the median for 2-room apartments in Boyan Bylgaranov 1 (39 properties)

Area
59 m²
Floor
2 / 6
Construction
Panel
Year
1980

Yield analysis

Good investment rating

6.2% / yr
Monthly payment342 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 9,000 € below the typical price (the median) for 2-room apartments in Boyan Bylgaranov 1 (39 properties) — 1,305 €/m² against 1,460 €/m².

Apartment with two rooms in the town of Shumen, Boyan Bulgaranov 1 district, located on the second floor of a six-storey prefab panel building.

Layout includes a corridor, bedroom, living room, kitchen, bathroom with toilet, two terraces, and a basement, providing additional storage space.

The building was constructed in 1980 from prefab panel elements and has partial improvements in the apartment such as PVC windows; the property requires renovation for full functionality.

The location is convenient with proximity to a kindergarten, LIDL supermarket, and bus stops, facilitating daily needs and transportation.

Suitable for people looking for a home with renovation potential in a well-serviced area of the town.

With 20% down over 20 years the monthly mortgage payment is about 342 €, against an expected local rent of 400 €. The rent covers the whole payment (117%).

Source: Market statistics for 2-room apartments in Boyan Bylgaranov 1

Pros and cons

AI summary
Pros
  • two terraces
  • basement
  • close to shops
  • PVC windows
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

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

  1. 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.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

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

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

Amenities

  • 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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