Sale

Two-room apartment 59 sq m in Shumen, Boyan Balgaranov with two terraces

ShumenBoyan Bylgaranov 1
Published: 6 July 2026 Updated: 2 October 2026
Sale93,000 €1,576 €/m²
Expected rent401 € /mo

AT MARKET LEVEL

fairly priced

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

Area
59 m²
Floor
4 / 7
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment413 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 97% of the payment — you top up about 12 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 at the typical price (the median) for 2-room apartments in Boyan Bylgaranov 1 (39 properties) — 1,576 €/m² against 1,460 €/m².

Two-room apartment with an area of 59 sq m, located in the city of Shumen, Boyan Balgaranov district, opposite the Lukoil petrol station.

The layout includes a bedroom, living room, kitchen, corridor, two terraces and a shared bathroom, providing basic functionality for residential use.

The property is in a prefab panel block from 1980, situated on a middle fourth floor out of seven with an elevator and access control; the condition requires full renovation.

The location is urban with nearby amenities such as a petrol station and other city services, facilitating daily life.

The property is suitable for people looking for a home with potential for renovation and adaptation according to personal needs.

With 20% down over 20 years the monthly mortgage payment is about 413 €, against an expected local rent of 401 €. The rent covers 97% of it.

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

Pros and cons

AI summary
Pros
  • two terraces
  • elevator
  • access control
  • middle floor
Cons
  • full renovation
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

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

    Because: Prefabricated panel construction.

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

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

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

    Because: The property is on floor 4 and the listing does not mention a lift.

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
  • corridor
  • terrace
  • terrace

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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