median 1,532 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 401 €/mo rent · pays for itself in ~ 16 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Trakiya (89 properties)
Fair investment rating
The rent covers 110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for 2-room apartments in Trakiya (89 properties) — 1,464 €/m² against 1,532 €/m².
Two-room apartment with an area of 56 sq m is located in the district of Trakiya-North, Shumen. The property is situated on the 4th floor of an 8-storey prefab panel building with an elevator.
The layout includes a corridor, spacious living room, bedroom, kitchen with access to a terrace, bathroom and toilet. The internal layout is functional and allows comfortable living.
The building is prefab panel construction, the apartment is in good condition, with the kitchen and bathroom requiring renovation. The flooring consists of laminate, wooden parquet and ceramic tiles, and the window frames in the living room and bedroom have been replaced with insulation. Air conditioners are installed for additional comfort.
The location is convenient with proximity to a school, bus stops and shops, providing easy access to daily amenities. The entrance is maintained with controlled access and there are designated parking spaces in front of the block.
The property is suitable both for living as a family home and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 364 €, against an expected local rent of 401 €. The rent covers the whole payment (110%).
Derived 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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,532 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 401 €/mo rent · pays for itself in ~ 16 yrs
median 1,275 €/m² for comparable properties
Rent covers ~ 43% of the payment
~ 401 €/mo rent · you top up ~ 522 €/mo
median 1,275 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 401 €/mo rent · you top up ~ 53 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 401 €/mo rent · you top up ~ 149 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 401 €/mo rent · you top up ~ 176 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 401 €/mo rent · you top up ~ 211 €/mo
median 1,563 €/m² for comparable properties
Rent covers ~ 44% of the payment
~ 401 €/mo rent · you top up ~ 509 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 401 €/mo rent · you top up ~ 553 €/mo