median 1,532 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 402 €/mo rent · pays for itself in ~ 16 yrs
~12,500 € BELOW MARKET
good value
against the median for 2-room apartments in Trakiya (89 properties)
Good investment rating
The rent covers 114% 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.
This apartment is priced about 12,500 € below the typical price (the median) for 2-room apartments in Trakiya (89 properties) — 1,325 €/m² against 1,532 €/m².
Two-room apartment in the city of Shumen, district Trakiya, located on the third floor of a brick building.
The layout is functional and provides comfortable living spaces with an area of 60 sq m.
The building is new-build, constructed with quality materials and features an elevator.
The district offers good infrastructure, convenient transport connections, and proximity to shops, schools, and kindergartens.
The property is suitable both for personal use and as an investment considering the location and condition.
With 20% down over 20 years the monthly mortgage payment is about 353 €, against an expected local rent of 402 €. The rent covers the whole payment (114%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 14% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,532 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 402 €/mo rent · pays for itself in ~ 16 yrs
median 1,275 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 402 €/mo rent · you top up ~ 52 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 402 €/mo rent · you top up ~ 175 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 402 €/mo rent · you top up ~ 210 €/mo
median 1,563 €/m² for comparable properties
Rent covers ~ 44% of the payment
~ 402 €/mo rent · you top up ~ 508 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 402 €/mo rent · you top up ~ 552 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 43% of the payment
~ 402 €/mo rent · you top up ~ 543 €/mo
median 1,517 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 402 €/mo rent · you top up ~ 547 €/mo