−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
Sale215,000 €2,792 €/m²
Expected rent402 € /mo
~98,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Trakiya (101 properties)
Area
77 m²
Floor
1 / 1
Construction
Panel
Year
1970
Yield analysis
Low investment rating
Monthly payment954 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood
The rent covers 42% of the payment — you top up about 552 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 45 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 98,000 € above the typical price (the median) for 3-room apartments in Trakiya (101 properties) — 2,792 €/m² against 1,517 €/m².
The apartment is located in the city of Shumen, district Trakia.
The layout includes a living room, bedroom, lounge, kitchen, bathroom and two terraces, providing convenience and functionality.
The property is in a prefab panel block from 1970, with natural parquet flooring and offers a basement as additional space.
The location is in a well-developed district with access to parking and an elevator, which facilitates daily life.
It is suitable for families looking for a practical and spacious home with storage options and comfort.
With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 402 €. The rent covers 42% of it.
Pros and cons
AI summaryPros
- two terraces
- natural parquet
- basement
- elevator
Cons
- prefab panel construction
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first 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
- lounge
- kitchen
- bathroom
- terrace
- terrace
- corridor
Amenities
- Elevator
- With Parking
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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