Sale

Spacious 4-room apartment in the centre of Shumen with additional rooms

ShumenCentyr
Published: 6 July 2026 Updated: 1 October 2026
Sale280,000 €2,074 €/m²
Expected rent400 € /mo

~66,000 € ABOVE MARKET

overpriced

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

Area
135 m²
Floor
3 / 3
Construction
Brick
Year
1980

Yield analysis

Low investment rating

1.7% / yr
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 32% of the payment — you top up about 842 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 58 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▼ 6.7% · 20,000 €
  1. 300,000 €6 July 2026Initial price
  2. 280,000 €▼ 20,000 € (6.7%) 1 October 2026Price reducedCurrent

Property analysis

This apartment is priced about 66,000 € above the typical price (the median) for 4-room apartments in Centyr (38 properties) — 2,074 €/m² against 1,584 €/m².

4-room apartment in the city of Shumen, located in the central part of the city. The property has a floor area of 135 sq m and is situated on the third floor of a brick building from 1980.

The layout includes an entrance hall, living room with kitchen niche, two bedrooms, bathroom, separate toilet and terrace. Additionally, the property includes two attic rooms with a total area of 40.4 sq m, as well as two rooms in the basement, one of which has a kitchen niche.

The building is brick and was built in 1980, with the apartment in very good condition. The basement rooms require light renovation.

The location provides convenient access to shops, schools, administrative services and public transport, making the property suitable for city living.

The property offers a functional layout and additional spaces that can be used according to the owners' needs.

With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 400 €. The rent covers 32% of it.

The asking price has fallen by 20,000 € (6.7%) since it was first listed.

Source: Market statistics for 4-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • large living area
  • additional rooms
  • central location
Cons
  • top floor
  • needs light renovation (basement)

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 7%.

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

    Because: The building dates from 1980 — about 46 years old.

  3. 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

  • entrance hall
  • living room
  • day room
  • kitchen niche
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • terrace
  • room
  • room

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Location

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