−14% below market
median 1,609 €/m² for comparable properties
104,814 € 1,379 €/m²
Rent covers ~ 86% of the payment
~ 400 €/mo rent · you top up ~ 65 €/mo
Sale153,387 €1,966 €/m²
Expected rent400 € /mo
~28,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Grivica (12 properties)
Area
78 m²
Floor
3 / 3
Construction
Brick
Year
2022
Yield analysis
Low investment rating
Monthly payment681 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 281 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 28,000 € above the typical price (the median) for 3-room apartments in Grivica (12 properties) — 1,966 €/m² against 1,609 €/m².
Apartment with three rooms in the town of Shumen, Grivitsa district, on the third floor of a three-storey building.
Layout: large corridor, living area with kitchen, two bedrooms, one with access to a terrace, bathroom with toilet and a second toilet with laundry room.
The building is brick from 2022, with external insulation and high-class PVC windows, and the apartment is finished according to BDS standards with modern materials. The entrance has controlled access and is well maintained.
The location is convenient for families, close to schools, kindergartens, shops and bus stops.
Suitable property for family use with functional layout and modern amenities.
With 20% down over 20 years the monthly mortgage payment is about 681 €, against an expected local rent of 400 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- functional layout
- new brick building
- controlled access
- terrace
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
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.
Layout
- corridor
- living area with kitchen
- bedroom
- bedroom
- bathroom
- toilet
- toilet
Amenities
- Access Control
- Renovated
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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