−19% below market
median 1,532 €/m² for comparable properties
79,000 € 1,234 €/m²
Rent covers ~ 115% of the payment
~ 402 €/mo rent · pays for itself in ~ 16 yrs
Sale80,000 €1,250 €/m²
Expected rent402 € /mo
~13,000 € BELOW MARKET
good value
against the median for apartments in Trakiya (80 properties)
Area
64 m²
Floor
5 / 5
Construction
Brick
Year
1980
Yield analysis
Good investment rating
Monthly payment355 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
19 changes since listing▲ 4.6% · 5,072 €
- 109,928 €
- 115,000 €▲ 5,072 € (4.6%)
- 152,000 €▲ 37,000 € (32.2%)
- 145,000 €▼ 7,000 € (4.6%)
- 149,000 €▲ 4,000 € (2.8%)
- 143,000 €▼ 6,000 € (4%)
- 149,000 €▲ 6,000 € (4.2%)
- 94,500 €▼ 54,500 € (36.6%)
- 150,000 €▲ 55,500 € (58.7%)
- 150,000 €▲ 0 € (0%)
- 145,000 €▼ 5,000 € (3.3%)
- 140,000 €▼ 5,000 € (3.4%)
- 140,000 €▲ 0 € (0%)
- 145,000 €▲ 5,000 € (3.6%)
- 79,500 €▼ 65,500 € (45.2%)
- 120,000 €▲ 40,500 € (50.9%)
- 77,500 €▼ 42,500 € (35.4%)
- 139,000 €▲ 61,500 € (79.4%)
- 115,040 €▼ 23,960 € (17.2%)
- 115,000 €▼ 40 € (0%)
Property analysis
This apartment is priced about 13,000 € below the typical price (the median) for apartments in Trakiya (80 properties) — 1,194 €/m² against 1,450 €/m².
Three-room apartment in the city of Shumen, Trakia district, located on the top floor of a five-storey brick building.
The layout includes a living room with kitchenette, two bedrooms, a storage room, bathroom with toilet, large corridor and open terrace.
The building is brick from 1980, the apartment has been fully renovated with replaced plumbing and electrical installations, internal insulation and new windows. There is an elevator, controlled access and parking.
The area offers developed infrastructure with childcare facilities, schools, healthcare services and nearby transport connections.
The property is suitable for living or renting out, combining convenience and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 355 €, against an expected local rent of 402 €. The rent covers the whole payment (113%).
This property is advertised in 20 offers from 11 different sellers. The gap between the cheapest and the dearest is 75,000 €. It has been listed for 358 days. The asking price has risen by 5,072 € (4.6%) since it was first listed.
Pros and cons
AI summaryPros
- full renovation
- terrace
- parking
- controlled access
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 changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 5% higher than when it was first advertised.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 20 listings, and the prices differ by about 48%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 18% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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
- living room
- bedroom
- bedroom
Amenities
- With Parking
- Access Control
- Renovated
- Elevator
- Internet Connection
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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At market level
median 1,532 €/m² for comparable properties
88,000 € 1,517 €/m²
Rent covers ~ 103% of the payment
~ 402 €/mo rent · pays for itself in ~ 18 yrs