Sale

Brick 3-room apartment with garage in Shumen, Matematischeska gimnaziya

ShumenMatematicheska Gimnaziya
Published: 18 August 2026 Updated: 2 October 2026
Sale209,000 €1,741 €/m²
Expected rent401 € /mo

~33,000 € ABOVE MARKET

above market

against the median for 4-room apartments in Matematicheska Gimnaziya (16 properties)

Area
120 m²
Floor
3 / 5
Construction
Brick
Year
1970

Yield analysis

Low investment rating

2.3% / yr
Monthly payment927 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 43% of the payment — you top up about 526 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 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 33,000 € above the typical price (the median) for 4-room apartments in Matematicheska Gimnaziya (16 properties) — 1,741 €/m² against 1,466 €/m².

Three-room apartment in the city of Shumen, near Matematischeska gimnaziya and the Vocational High School of Economics.
The layout includes a large corridor, three bedrooms, a living room, separate kitchen, independent bathroom and toilet, as well as two terraces with south and north aspect.
The building is brick from 1970, the apartment is on the third floor of five and has been renovated. The property includes a basement, attic space and a garage facing the street.
The location is in an urban environment with convenient access to schools and parking.
The property is suitable for family use with balanced layout and additional storage areas.

With 20% down over 20 years the monthly mortgage payment is about 927 €, against an expected local rent of 401 €. The rent covers 43% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 55 days.

Source: Market statistics for 4-room apartments in Matematicheska Gimnaziya

Pros and cons

AI summary
Pros
  • functional layout
  • garage
  • renovated
  • two terraces
Cons

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

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

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

    Because: The building dates from 1970 — about 56 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
  • bedroom
  • living room
  • kitchen

Amenities

  • With Parking
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

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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