Four-room apartment with two terraces in Boyan Bulgaranov 2 district, Shumen

This apartment is priced at the typical price (the median) for 4-room apartments in Boyan Bylgaranov 2 (11 properties) — 1,310 €/m² against 1,279 €/m².

The apartment is located in the town of Shumen, Boyan Bulgaranov 2 district, on the first floor of a six-storey prefab panel building. It features four rooms, including a spacious living room, kitchen with dining area, two bedrooms, and the possibility to create a third bedroom. Included are two large terraces, a storage room, a bathroom with toilet, and a separate toilet. The building was constructed in 1980 and has an elevator and access control. The apartment has replaced PVC windows, external and internal insulation, new entrance and interior doors, and the flooring is laminated parquet and terracotta tiles. Heating is provided by an air conditioner and a solid fuel fireplace with radiators in all rooms. The location is convenient, close to shops, kindergarten, playgrounds, and bus stops. The property is suitable for family use with good functionality and a variety of amenities.

With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 400 €. The rent covers 67% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 4,000 €. It has been listed for 255 days. The asking price has fallen by 5,000 € (3.6%) since it was first listed.

Source: Market statistics for 4-room apartments in Boyan Bylgaranov 2