Sale

Three-room apartment with two terraces in Boyan Balgaranov, Shumen

ShumenBoyan Bylgaranov 1

Published: 14 September 2026 Updated: 15 September 2026

Sale100,000 €1,282 €/m²

Expected rent397 € /mo

~17,000 € BELOW MARKET

good value

against the median for 3-room apartments in Boyan Bylgaranov 1 (23 properties)

Area

78 m²

Floor

4 / 7

Construction

Panel

Yield analysis

Fair investment rating

4.8% / yr

Monthly payment444 €20% down payment · 20 yrs · 3%

Expected rent397 €at market conditions for the neighbourhood

The rent covers 89% of the payment — you top up about 47 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 17,000 € below the typical price (the median) for 3-room apartments in Boyan Bylgaranov 1 (23 properties) — 1,282 €/m² against 1,500 €/m².

Three-room apartment in the town of Shumen, Boyan Balgaranov district, located on the 4th floor of 7 in a prefab panel block.

The property has a functional layout with a large L-shaped corridor and all rooms are separate without walk-through rooms. The living room has access to an unglazed terrace, and the kitchen has a separate terrace with old glazing.

The apartment is in need of renovation, with partially replaced PVC windows and local heating with a fireplace in the living room. The bathroom and toilet are separate rooms.

The district offers a quiet urban environment with amenities nearby.

The property is suitable for buyers looking for a home with renovation potential and a functional layout in a mid-level position.

With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 397 €. The rent covers 89% of it.

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

Pros and cons

AI summary

Pros

functional layout
local heating
two terraces
separate rooms

Cons

needs renovation
prefab panel construction
unglazed terrace

Questions for the viewing

Only on imotesa

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 15% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.