Sale

3-bedroom apartment in Shumen, Boyan Bylgaranov 2

ShumenBoyan Bylgaranov 2
Published: 7 August 2026 Updated: 8 September 2026
Sale175,000 €2,058 €/m²
Expected rent400 € /mo

~47,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Boyan Bylgaranov 2 (19 properties)

Area
85 m²
Floor
7 / 7
Construction
Panel
Year
1970

Yield analysis

Low investment rating

2.7% / yr
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 52% of the payment — you top up about 376 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 18.6% · 39,900 €
  1. 214,900 €7 August 2026Initial price
  2. 175,000 €▼ 39,900 € (18.6%) 8 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 47,500 € above the typical price (the median) for 3-room apartments in Boyan Bylgaranov 2 (19 properties) — 2,058 €/m² against 1,500 €/m².

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 400 €. The rent covers 52% of it.

The asking price has fallen by 39,900 € (18.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Boyan Bylgaranov 2

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?

    Because: The price has been cut once, by about 19%.

  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 1970 — about 56 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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