median 1,460 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 400 €/mo rent · you top up ~ 203 €/mo
~15,500 € BELOW MARKET
good value
against the median for 3-room apartments in Boyan Bylgaranov 1 (24 properties)
Fair investment rating
The rent covers 81% of the payment — you top up about 96 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 15,500 € below the typical price (the median) for 3-room apartments in Boyan Bylgaranov 1 (24 properties) — 1,300 €/m² against 1,500 €/m².
The apartment is located in the town of Shumen, Boyan Bulgaranov district, in a new-build building.
The layout includes a kitchen with living area, two bedrooms, a bathroom with toilet, entrance hall, and loggia, providing functional use of the space.
The building is brick construction, built in 2022, with an elevator and access control, and the apartment is delivered according to BDS standards.
The location is convenient, close to forest, schools, kindergartens, and commercial outlets, ensuring good access to daily services.
The property is suitable for family use with a balanced combination of comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 496 €, against an expected local rent of 400 €. The rent covers 81% of it.
This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 67,200 €. It has been listed for 332 days. The asking price has risen by 50,000 € (38.8%) since it was first listed.
Source: Market statistics for 3-room apartments in Boyan Bylgaranov 1
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.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 39% higher than when it was first advertised.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 3 listings, and the prices differ by about 38%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 13% 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.
median 1,460 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 400 €/mo rent · you top up ~ 203 €/mo
median 1,460 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 400 €/mo rent · you top up ~ 22 €/mo
median 1,524 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 400 €/mo rent · pays for itself in ~ 12 yrs
median 1,460 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 400 €/mo rent · pays for itself in ~ 17 yrs
median 1,500 €/m² for comparable properties
Rent covers ~ 150% of the payment
~ 400 €/mo rent · pays for itself in ~ 13 yrs
median 1,460 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 400 €/mo rent · you top up ~ 168 €/mo
median 1,460 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 400 €/mo rent · you top up ~ 13 €/mo
median 1,500 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 400 €/mo rent · you top up ~ 266 €/mo