Sale

Three-room apartment with south aspect in Grivitsa, Shumen

ShumenGrivica
Published: 5 November 2025 Updated: 2 October 2026
Sale104,814 €1,379 €/m²
Expected rent401 € /mo

~17,500 € BELOW MARKET

good value

against the median for 3-room apartments in Grivica (12 properties)

Area
76 m²
Floor
3 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment465 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 86% of the payment — you top up about 64 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 17,500 € below the typical price (the median) for 3-room apartments in Grivica (12 properties) — 1,379 €/m² against 1,609 €/m².

Apartment with three rooms in the city of Shumen, Grivitsa district.
The layout includes two bedrooms, a living room, kitchen, and terrace, providing convenient internal functionality.
The building is prefab panel from 1980, the apartment is located on the 3rd of 8 floors and includes an adjacent basement.
The district offers a quiet urban environment with access to essential amenities and transport.
The property is suitable for family use with balanced layout and south aspect.

With 20% down over 20 years the monthly mortgage payment is about 465 €, against an expected local rent of 401 €. The rent covers 86% of it.

Source: Market statistics for 3-room apartments in Grivica

Pros and cons

AI summary
Pros
  • south aspect
  • functional layout
  • adjacent basement
Cons
  • prefab panel construction

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 14% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 331 days.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • bedroom
  • bedroom
  • living room
  • kitchen
  • terrace

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

Similar properties nearby