+62% above market
median 1,548 €/m² for comparable properties
230,000 € 2,500 €/m²
Rent covers ~ 39% of the payment
~ 400 €/mo rent · you top up ~ 620 €/mo
Sale133,900 €1,673 €/m²
Expected rent400 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Voenno Uchilishte (23 properties)
Area
80 m²
Floor
2 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment594 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 194 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 at the typical price (the median) for 3-room apartments in Voenno Uchilishte (23 properties) — 1,694 €/m² against 1,548 €/m².
The apartment is located in the city of Shumen, in a quiet area behind the Voenno Uchilishte on Saedinenie St.
The layout includes a living room, separate kitchenette, two independent bedrooms, two terraces, bathroom, separate toilet, and storage room, providing functional use of the space.
The building is brick and solid, with a total of 8 apartments in the entrance and a closed inner courtyard. The property is on the second floor of four and features PVC windows and two air conditioners.
The location offers amenities such as a kindergarten, park, and shops within walking distance, while the city center is accessible within a few minutes on foot.
The property is suitable for families seeking peace and convenience in an urban environment with the possibility to personalize the interior.
With 20% down over 20 years the monthly mortgage payment is about 594 €, against an expected local rent of 400 €. The rent covers 67% of it.
Source: Market statistics for 3-room apartments in Voenno Uchilishte
Pros and cons
AI summaryPros
- functional layout
- southern aspect
- closed inner courtyard
- PVC windows
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchenette
- bedroom
- bedroom
- bathroom
- toilet
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−13% below market
median 1,575 €/m² for comparable properties
165,000 € 1,375 €/m²
Rent covers ~ 55% of the payment
~ 400 €/mo rent · you top up ~ 332 €/mo
At market level
median 1,575 €/m² for comparable properties
100,860 € 1,505 €/m²
Rent covers ~ 89% of the payment
~ 400 €/mo rent · you top up ~ 47 €/mo
At market level
median 1,575 €/m² for comparable properties
164,000 € 1,607 €/m²
Rent covers ~ 55% of the payment
~ 400 €/mo rent · you top up ~ 328 €/mo
+24% above market
median 1,548 €/m² for comparable properties
260,000 € 2,988 €/m²
Rent covers ~ 35% of the payment
~ 400 €/mo rent · you top up ~ 754 €/mo
−26% below market
median 1,548 €/m² for comparable properties
120,000 € 1,153 €/m²
Rent covers ~ 75% of the payment
~ 400 €/mo rent · you top up ~ 132 €/mo
−26% below market
median 1,548 €/m² for comparable properties
120,000 € 1,142 €/m²
Rent covers ~ 75% of the payment
~ 400 €/mo rent · you top up ~ 132 €/mo
+27% above market
median 1,575 €/m² for comparable properties
249,000 € 1,992 €/m²
Rent covers ~ 36% of the payment
~ 400 €/mo rent · you top up ~ 705 €/mo