Sale

Spacious 3-room apartment in Shumen, Voenno Uchilishte with terrace

ShumenVoenno Uchilishte
Published: 9 May 2026 Updated: 20 September 2026
Sale120,000 €1,153 €/m²
Expected rent400 € /mo

~41,000 € BELOW MARKET

good value

against the median for 3-room apartments in Voenno Uchilishte (23 properties)

Area
104 m²
Floor
4 / 4
Construction
Brick
Year
1970
Heating
Gas

Yield analysis

Fair investment rating

4% / yr
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 75% of the payment — you top up about 132 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 7.7% · 10,000 €
  1. 130,000 €9 May 2026Initial price
  2. 120,000 €▼ 10,000 € (7.7%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 41,000 € below the typical price (the median) for 3-room apartments in Voenno Uchilishte (23 properties) — 1,153 €/m² against 1,548 €/m².

The apartment is located in the city of Shumen, in the Voenno Uchilishte area. It has 104 sq m floor area and is situated on the fourth floor of four in a brick building. The internal layout includes a spacious corridor, bright living room, separate kitchen, two bedrooms, bathroom and toilet in separate rooms, as well as an L-shaped terrace. The building was constructed in 1970 and has maintained common areas and controlled access. The property includes parking and additional spaces such as an attic and basement storage. The location is quiet, with convenient access to shops, schools, and transport connections. The apartment is suitable for family living with the possibility of renovation according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 400 €. The rent covers 75% of it.

The asking price has fallen by 10,000 € (7.7%) since it was first listed.

Source: Market statistics for 3-room apartments in Voenno Uchilishte

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • panoramic view
  • parking
Cons
  • top floor
  • lack of modern improvements

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 26% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 8%.

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

    Because: The building dates from 1970 — about 56 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • corridor
  • living room
  • kitchen
  • bedroom
  • bedroom

Amenities

  • With Parking

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

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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