median 1,460 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 400 €/mo rent · you top up ~ 203 €/mo
~9,500 € BELOW MARKET
good value
against the median for 2-room apartments in Boyan Bylgaranov 1 (39 properties)
Fair investment rating
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 about 9,500 € below the typical price (the median) for 2-room apartments in Boyan Bylgaranov 1 (39 properties) — 1,319 €/m² against 1,460 €/m².
Apartment with two rooms in the city of Shumen, Boyan Bulgaranov district, located on the second floor of an eight-storey building.
The layout includes a living room with kitchenette, bedroom, and bathroom, providing functional use of the 67 sq m area.
The building is new-build from 2024, constructed with brick materials, equipped with an elevator and video surveillance, offering parking spaces and controlled access.
The location is in an urbanized area with good infrastructure and convenient access to city services.
The property is suitable for family living, combining comfort and modern amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 392 €, against an expected local rent of 400 €. The rent covers the whole payment (102%).
Source: Market statistics for 2-room apartments in Boyan Bylgaranov 1
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median 1,460 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 400 €/mo rent · you top up ~ 203 €/mo
median 1,460 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 400 €/mo rent · you top up ~ 22 €/mo
median 1,524 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 400 €/mo rent · pays for itself in ~ 12 yrs
median 1,460 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 400 €/mo rent · pays for itself in ~ 17 yrs
median 1,500 €/m² for comparable properties
Rent covers ~ 150% of the payment
~ 400 €/mo rent · pays for itself in ~ 13 yrs
median 1,460 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 400 €/mo rent · you top up ~ 168 €/mo
median 1,460 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 400 €/mo rent · you top up ~ 13 €/mo
median 1,500 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 400 €/mo rent · you top up ~ 266 €/mo