Sale

3-room apartment in Shumen Center with two terraces

ShumenCentyr
Published: 28 August 2026 Updated: 29 September 2026
Sale92,000 €1,415 €/m²
Expected rent477 € /mo

~21,000 € BELOW MARKET

good value

against the median for 3-room apartments in Centyr (119 properties)

Area
65 m²
Floor
4 / 4
Construction
Brick
Year
1990

Yield analysis

Good investment rating

6.2% / yr
Monthly payment408 €20% down payment · 20 yrs · 3%
Expected rent477 €at market conditions for the neighbourhood

The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 21,000 € below the typical price (the median) for 3-room apartments in Centyr (119 properties) — 1,415 €/m² against 1,739 €/m².

3-room apartment in the city of Shumen, located in the ideal center. It is on the 4th floor of a brick building from 1990 with an area of 65 sq m.

The layout includes two bedrooms, a kitchen, a bathroom, and two terraces, providing functional use of the space. The property also has additional rooms – an attic (13 sq m) and a basement (8 sq m).

The building is brick, heating is provided by air conditioning, and the apartment requires renovation. There are no additional amenities such as an elevator or centralized heating.

The location is well connected, close to the City Garden, administrative offices, and main pedestrian zones, which facilitates daily life. Free parking in the area is an additional advantage.

The property is suitable for living or investment, combining urban conveniences with the possibility for customization through renovation.

With 20% down over 20 years the monthly mortgage payment is about 408 €, against an expected local rent of 477 €. The rent covers the whole payment (117%).

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • additional rooms
  • central location
Cons
  • fourth floor
  • needs renovation
  • no elevator

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 19% below the average for comparable properties.

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

    Because: The property is on the top floor.

  3. 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

  • bedroom
  • bedroom
  • kitchen

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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