Sale

Three-room apartment with south aspect in the centre of Shumen

ShumenCentyr

Published: 14 September 2026 Updated: 14 September 2026

Sale102,500 €1,191 €/m²

Expected rent456 € /mo

~47,000 € BELOW MARKET

good value

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

Area

86 m²

Floor

5 / 6

Construction

Brick

Year

1970

Yield analysis

Fair investment rating

5.3% / yr

Monthly payment455 €20% down payment · 20 yrs · 3%

Expected rent456 €at market conditions for the neighbourhood

The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 47,000 € below the typical price (the median) for 3-room apartments in Centyr (120 properties) — 1,191 €/m² against 1,739 €/m².

Three-room apartment with an area of 86 sq m, located in the city of Shumen, Centre. The property is on the 5th floor of a total of 6 in a brick building from 1970.

The layout includes a living room with kitchenette, two separate bedrooms, a bathroom and a separate toilet, providing convenient internal functionality.

The building is brick, and the apartment has undergone full renovation with replaced plumbing and electrical installations and internal insulation. It has a south aspect, which contributes to good natural light.

The location is central with easy access to shops, transport and other urban amenities. The property includes an attic and basement storage.

Suitable for living or investment, the property offers a balanced combination of functionality and location.

With 20% down over 20 years the monthly mortgage payment is about 455 €, against an expected local rent of 456 €. The rent covers the whole payment (100%).

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary

Pros

south aspect
full renovation
brick construction
central location

Cons

top floor

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 32% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.