Sale

Spacious 4-room apartment in the centre of Shumen with terrace

ShumenCentyr
Published: 7 January 2026 Updated: 2 October 2026
Sale158,000 €1,316 €/m²
Expected rent400 € /mo

~32,000 € BELOW MARKET

good value

against the median for 4-room apartments in Centyr (38 properties)

Area
120 m²
Floor
8 / 8
Construction
Panel
Year
1996

Yield analysis

Low investment rating

3% / yr
Monthly payment701 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 57% of the payment — you top up about 301 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 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▲ 3.2% · 5,000 €
  1. 158,000 €5 June 2026Initial price
  2. 163,000 €▲ 5,000 € (3.2%) 5 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 32,000 € below the typical price (the median) for 4-room apartments in Centyr (38 properties) — 1,338 €/m² against 1,584 €/m².

4-room apartment in the town of Shumen, located in the central part of the town near Kristal Square.

Layout: large corridor, 3 bedrooms (one with balcony), spacious living room with access to a large terrace, dining room with kitchenette and access to a terrace, two bathrooms and toilets, storage room.

Building: prefab panel block from 1996, eighth floor of eight, with elevator and access control; the block is approved for insulation.

Location: communicative spot in the centre of Shumen, close to pedestrian zone, polyclinic, market, supermarkets, kindergartens and schools.

The property is suitable for family use with good functionality and amenities in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 701 €, against an expected local rent of 400 €. The rent covers 57% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 5,000 €. It has been listed for 268 days. The asking price has risen by 5,000 € (3.2%) since it was first listed.

Source: Market statistics for 4-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • elevator
  • parking space
Cons
  • top floor
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 3% higher than when it was first advertised.

  2. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 3%.

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

    Because: The price per m² is about 16% below the average for comparable properties.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The property is on the top floor.

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

Layout

  • bedroom
  • bedroom
  • bedroom
  • living room
  • dining room

Amenities

  • Elevator
  • With Parking
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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