At market level
median 1,380 €/m² for comparable properties
85,000 € 1,370 €/m²
Rent covers ~ 106% of the payment
~ 401 €/mo rent · pays for itself in ~ 18 yrs
Sale125,000 €1,785 €/m²
Expected rent401 € /mo
~33,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Boyan Bylgaranov 2 (17 properties)
Area
70 m²
Floor
4 / 6
Construction
Panel
Year
1970
Yield analysis
Low investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 154 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 33,500 € above the typical price (the median) for 2-room apartments in Boyan Bylgaranov 2 (17 properties) — 1,785 €/m² against 1,310 €/m².
2-room apartment in the town of Shumen, district Boyan Bulgaranov 2. The living area is about 70 sq m and includes a kitchen, living room, bedroom, and two terraces, one of which is incorporated into the kitchen. The layout allows easy conversion into a three-room apartment. The building is prefab panel from 1970, located on the 4th floor of 6 with an elevator and access control. Common areas are maintained, and the property includes a basement of 2.5 sq m. The district offers convenient access to parking spaces and urban infrastructure. The property requires renovation, including updating flooring and walls. Suitable for families looking for a functional home with the possibility to adapt according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 401 €. The rent covers 72% of it.
Source: Market statistics for 2-room apartments in Boyan Bylgaranov 2
Pros and cons
AI summaryPros
- two terraces
- elevator
- access control
- basement
Cons
- prefab panel construction
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- Access Control
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,279 €/m² for comparable properties
130,500 € 1,279 €/m²
Rent covers ~ 69% of the payment
~ 401 €/mo rent · you top up ~ 178 €/mo
At market level
median 1,310 €/m² for comparable properties
85,000 € 1,328 €/m²
Rent covers ~ 106% of the payment
~ 401 €/mo rent · pays for itself in ~ 18 yrs
+13% above market
median 1,524 €/m² for comparable properties
69,000 € 1,725 €/m²
Rent covers ~ 131% of the payment
~ 401 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 1,279 €/m² for comparable properties
139,000 € 1,275 €/m²
Rent covers ~ 65% of the payment
~ 401 €/mo rent · you top up ~ 216 €/mo
+46% above market
median 1,310 €/m² for comparable properties
130,000 € 1,911 €/m²
Rent covers ~ 70% of the payment
~ 401 €/mo rent · you top up ~ 176 €/mo
+37% above market
median 1,500 €/m² for comparable properties
175,000 € 2,058 €/m²
Rent covers ~ 52% of the payment
~ 401 €/mo rent · you top up ~ 375 €/mo
At market level
median 1,500 €/m² for comparable properties
140,000 € 1,400 €/m²
Rent covers ~ 65% of the payment
~ 401 €/mo rent · you top up ~ 220 €/mo