−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
Sale165,000 €1,833 €/m²
Expected rent402 € /mo
~28,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Trakiya (101 properties)
Area
90 m²
Floor
3 / 4
Construction
Brick
Year
2023
Heating
Gas
Yield analysis
Low investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent402 €at market conditions for the neighbourhood
The rent covers 55% of the payment — you top up about 330 €/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 28,500 € above the typical price (the median) for 3-room apartments in Trakiya (101 properties) — 1,833 €/m² against 1,517 €/m².
Three-room apartment in the city of Shumen, Trakiya district, built in 2023 on the third floor of a four-storey building.
The layout includes a corridor, living area with kitchen and dining room, two bedrooms, bathroom with toilet, and an east-facing terrace.
The property is brick construction with gas underfloor heating and features an elevator and access control in the building.
The location is central within the district, close to kindergartens, schools, shops, and bus stops.
Suitable for family use with conveniences for daily living and good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 402 €. The rent covers 55% of it.
Pros and cons
AI summaryPros
- new-build
- gas underfloor heating
- elevator
- garage
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 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 255 days.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
- kitchen
- dining room
- 2 bedrooms
- bathroom
Amenities
- Elevator
- Access Control
Exposure
AI summaryEEast
Morning sun, cooler afternoons
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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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