−14% below market
median 1,609 €/m² for comparable properties
104,814 € 1,379 €/m²
Rent covers ~ 86% of the payment
~ 402 €/mo rent · you top up ~ 63 €/mo
Sale110,000 €1,718 €/m²
Expected rent402 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Grivica (28 properties)
Area
64 m²
Floor
3 / 8
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 86 €/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.
Property analysis
This apartment is priced at the typical price (the median) for apartments in Grivica (28 properties) — 1,718 €/m² against 1,727 €/m².
Two-room apartment in the city of Shumen, district Grivitsa. It has an area of 64 sq m and is located on the third floor of an eight-storey prefab panel building.
The layout includes two main rooms suitable for residential use, with the apartment renovated and furnished.
The building is a prefab panel construction from 1980, equipped with an elevator and access control, providing convenience and security.
The location is in a preferred area of the city with good infrastructure and access to urban services.
The property is suitable for family living with balanced features regarding functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 402 €. The rent covers 82% of it.
Pros and cons
AI summaryPros
- renovated
- elevator
- access control
- preferred floor
Cons
- prefab panel construction
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 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
- Access Control
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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