Sale

Two-room apartment in Shumen, Everest with basement

ShumenEverest
Published: 3 January 2026 Updated: 30 September 2026
Sale109,000 €1,730 €/m²
Expected rent400 € /mo

AT MARKET LEVEL

fairly priced

against the median for 2-room apartments in Everest (16 properties)

Area
63 m²
Floor
2 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment484 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 84 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▲ 21.1% · 19,000 €
  1. 90,000 €26 February 2026Initial price
  2. 160,000 €▲ 70,000 € (77.8%) 1 April 2026Price increased
  3. 109,000 €▼ 51,000 € (31.9%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Everest (16 properties) — 1,676 €/m² against 1,750 €/m².

Two-room apartment in the city of Shumen, district Everest. The property has a floor area of 63 sq m and is located on the second floor of a prefab panel block from 1980.

The layout includes two main rooms and an additional basement, which provides extra storage space. The internal layout is standard for this type of construction.

The building is prefab panel with an elevator, but the apartment needs renovation, which implies additional investment for updating the rooms and installations.

Everest district is an established residential area with good infrastructure and access to urban amenities. The location offers conveniences for daily life but does not stand out with features such as green spaces or shopping centres nearby.

The property is suitable for buyers looking for a functional home with renovation potential in a mid-level urban setting.

With 20% down over 20 years the monthly mortgage payment is about 484 €, against an expected local rent of 400 €. The rent covers 83% of it.

The asking price has risen by 19,000 € (21.1%) since it was first listed.

Source: Market statistics for 2-room apartments in Everest

Pros and cons

AI summary
Pros
  • elevator
  • basement
  • functional layout
Cons
  • needs renovation
  • 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. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 21% higher than when it was first advertised.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 271 days.

  3. 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.

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

    Because: Prefabricated panel construction.

  5. 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

Amenities

  • Elevator
  • 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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