+22% above market
median 1,830 €/m² for comparable properties
89,000 € 2,225 €/m²
Rent covers ~ 95% of the payment
~ 374 €/mo rent · you top up ~ 21 €/mo
Sale87,000 €1,403 €/m²
Expected rent341 € /mo
~11,000 € BELOW MARKET
good value
against the median for 2-room apartments in Dobrudjanski (121 properties)
Area
62 m²
Floor
2 / 8
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment386 €20% down payment · 20 yrs · 3%
Expected rent341 €at market conditions for the neighbourhood
The rent covers 88% of the payment — you top up about 45 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 11,000 € below the typical price (the median) for 2-room apartments in Dobrudjanski (121 properties) — 1,403 €/m² against 1,579 €/m².
Apartment with an area of 62 sq m in the city of Shumen, Dobruzhanski district.
The layout includes a bedroom, living room, kitchen, and terrace, with renovation and conversion from two-room to three-room started.
The building is prefab panel, built in 1980, the apartment is located on the 2nd floor of 8 and requires finishing works.
The location is convenient with proximity to schools and kindergartens, making it suitable for families.
The property is suitable for buyers looking for a home with customization potential and a convenient urban environment.
With 20% down over 20 years the monthly mortgage payment is about 386 €, against an expected local rent of 341 €. The rent covers 88% of it.
Source: Market statistics for 2-room apartments in Dobrudjanski
Pros and cons
AI summaryPros
- functional layout
- terrace
- close to schools
Cons
- needs renovation
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
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 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
- terrace
Amenities
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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