Sale

Three-room apartment with L-shaped terrace in the centre of Shumen

ShumenCentyr
Published: 3 October 2026 Updated: 3 October 2026
Sale120,000 €1,165 €/m²
Expected rent477 € /mo

~59,000 € BELOW MARKET

good value

against the median for 3-room apartments in Centyr (120 properties)

Area
103 m²
Floor
4 / 4
Construction
Brick
Year
1970

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent477 €at market conditions for the neighbourhood

The rent covers 90% of the payment — you top up about 55 €/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 59,000 € below the typical price (the median) for 3-room apartments in Centyr (120 properties) — 1,165 €/m² against 1,739 €/m².

The apartment is located in the city of Shumen, in the central area near the roundabout on 8th March St.

The layout includes a spacious corridor, large dining room with kitchenette, two separate bedrooms, bathroom, separate toilet and an L-shaped terrace accessible from all rooms.

The property was built in 1970 with brick construction and is situated on the top fourth floor of four. No modern renovations have been done, allowing for updating according to personal preferences.

The location is in the city centre with controlled access common areas and adjacent basement and attic room for additional storage.

The property is suitable for people looking for a spacious apartment with potential for personalisation in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 477 €. The rent covers 90% of it.

Source: Average prices for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • L-shaped terrace
  • adjacent basement and attic room
  • brick construction
Cons
  • top floor
  • needs updating

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 33% below the average for comparable properties.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

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

    Because: The property is on the top floor.

  4. 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.

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

Layout

  • corridor
  • dining room
  • kitchenette
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • terrace

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

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