Sale

Three-room apartment with two terraces in Grivitsa, Shumen

ShumenGrivica
Published: 4 September 2026 Updated: 4 September 2026
Sale165,000 €1,875 €/m²
Expected rent399 € /mo

~15,000 € ABOVE MARKET

above market

against the median for apartments in Grivica (24 properties)

Area
88 m²
Floor
2 / 3
Construction
Brick
Year
2009

Yield analysis

Low investment rating

2.9% / yr
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent399 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 333 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 15,000 € above the typical price (the median) for apartments in Grivica (24 properties) — 1,875 €/m² against 1,704 €/m².

The apartment is located in the town of Shumen, Grivitsa district, on the second floor of a brick building from 2009 with a total of 6 residences.

The layout includes a living area with kitchen and dining room, two bedrooms, corridor, bathroom with toilet, laundry room and two terraces overlooking the Monument to the Founders of the Bulgarian State.

The building is brick with PVC windows and laminated parquet, and the apartment is in very good condition with a new kitchen and appliances. A large basement is also available with the property.

The location offers convenient access to the city centre, shops, schools, kindergartens and transport connections.

The property is suitable for family living or investment for rental due to its functional layout and good location.

With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 399 €. The rent covers 55% of it.

Source: Market statistics for apartments in Grivica

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • good condition
  • close to amenities
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Layout

  • дневен тракт
  • спалня
  • спалня

Amenities

  • Access Control

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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