Sale

Two-room apartment near the Mathematical High School in Shumen

ShumenMatematicheska Gimnaziya
Published: 5 March 2026 Updated: 2 October 2026
Sale118,000 €2,034 €/m²
Expected rent401 € /mo

~29,000 € ABOVE MARKET

overpriced

against the median for apartments in Matematicheska Gimnaziya (33 properties)

Area
58 m²
Floor
4 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.1% / yr
Monthly payment524 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 77% of the payment — you top up about 123 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 29,000 € above the typical price (the median) for apartments in Matematicheska Gimnaziya (33 properties) — 2,034 €/m² against 1,533 €/m².

2-room apartment in the city of Shumen, close to the Mathematical High School.

The layout includes a bedroom, living room, kitchen, bathroom with toilet, and terrace, providing convenient functionality for everyday living.

The property is in a prefab panel building from 1980, located on the 4th floor of 8 with an elevator available and is gasified. Renovations have been done including replacement of plumbing and electrical installations, external insulation, PVC windows, and laminate flooring.

The location is close to a school and urban infrastructure, facilitating access to services and transport.

Suitable for family use with balanced characteristics regarding comfort and maintenance.

With 20% down over 20 years the monthly mortgage payment is about 524 €, against an expected local rent of 401 €. The rent covers 77% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 211 days.

Source: Market statistics for apartments in Matematicheska Gimnaziya

Pros and cons

AI summary
Pros
  • functional layout
  • gasified
  • renovated
  • elevator
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 211 days.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

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

    Because: Prefabricated panel construction.

  4. 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
  • bathroom
  • terrace

Amenities

  • Elevator

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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