Sale

3-bedroom apartment in Shumen, Boyan Bylgaranov 1

ShumenBoyan Bylgaranov 1
Published: 30 June 2026 Updated: 4 August 2026
Sale149,900 €1,972 €/m²
Expected rent400 € /mo

~36,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Boyan Bylgaranov 1 (24 properties)

Area
76 m²
Floor
6 / 8
Construction
Panel
Year
1980

Yield analysis

Low investment rating

3.2% / yr
Monthly payment665 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 60% of the payment — you top up about 265 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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▼ 10.8% · 18,100 €
  1. 168,000 €30 June 2026Initial price
  2. 159,000 €▼ 9,000 € (5.4%) 9 July 2026Price reduced
  3. 149,900 €▼ 9,100 € (5.7%) 4 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 36,000 € above the typical price (the median) for 3-room apartments in Boyan Bylgaranov 1 (24 properties) — 1,972 €/m² against 1,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 400 €. The rent covers 60% of it.

The asking price has fallen by 18,100 € (10.8%) since it was first listed.

Source: Market statistics for 3-room apartments in Boyan Bylgaranov 1

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 11% below the original asking price.

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

    Because: Prefabricated panel construction.

  3. 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.

Amenities

  • Elevator
  • With Parking
  • Renovated
  • Tax Credit Option

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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