−31% below market
median 1,750 €/m² for comparable properties
75,000 € 1,209 €/m²
Rent covers ~ 120% of the payment
~ 400 €/mo rent · pays for itself in ~ 16 yrs
Sale75,000 €1,209 €/m²
Expected rent400 € /mo
~33,500 € BELOW MARKET
good value
against the median for 2-room apartments in Everest (16 properties)
Area
62 m²
Floor
8 / 8
Construction
Panel
Year
1980
Heating
Local Heating
Yield analysis
Good investment rating
Monthly payment333 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood
The rent covers 120% 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 33,500 € below the typical price (the median) for 2-room apartments in Everest (16 properties) — 1,209 €/m² against 1,750 €/m².
Two-room apartment with an area of 62 sq m, located in the city of Shumen, district Everest.
The property has a functional layout with well-utilised spaces and provides ample natural light.
The building is prefab panel from 1980, with an available elevator, recently renovated roof with warranty and ensured maintenance.
The location is in an urbanised area with convenient access to city infrastructure and parking.
Suitable for people seeking a home with a good location and view, combined with practicality and security.
With 20% down over 20 years the monthly mortgage payment is about 333 €, against an expected local rent of 400 €. The rent covers the whole payment (120%).
Pros and cons
AI summaryPros
- functional layout
- panoramic view
- elevator
- renovated roof
Cons
- top floor
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 31% below the average for comparable properties.
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.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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