Sale

Two-room apartment in Shumen, Everest district with two terraces

ShumenEverest
Published: 1 October 2026 Updated: 1 October 2026
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
1990

Yield analysis

Good investment rating

6.4% / yr
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.

Apartment with two rooms in the city of Shumen, Everest district. The property is located on the top eighth floor of a prefab panel block with an elevator.

The layout includes a corridor, living room, kitchen, bedroom, bathroom with toilet, and two terraces, one of which is glazed, increasing the functional area. The flooring is natural parquet and terracotta, and heating is provided by air conditioning.

The building was constructed in 1990, with maintained common areas and a roof renovated a year ago. The entrance has controlled access and an elevator. The property also includes a basement storage room.

Everest district offers a convenient urban environment with access to essential services and transport connections. The apartment's aspect is south/north, providing good daylight.

The property is suitable for family use with balanced layout and daily living conveniences.

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%).

Source: Market statistics for 2-room apartments in Everest

Pros and cons

AI summary
Pros
  • two terraces
  • elevator
  • controlled access
  • internal insulation
Cons
  • top floor
  • 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. 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.

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

    Because: Prefabricated panel construction.

  3. 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.

Amenities

  • Elevator

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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