−14% below market
median 1,609 €/m² for comparable properties
104,814 € 1,379 €/m²
Rent covers ~ 86% of the payment
~ 401 €/mo rent · you top up ~ 64 €/mo
Sale169,900 €1,751 €/m²
Expected rent401 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Grivica (28 properties)
Area
97 m²
Floor
2 / 5
Construction
Brick
Year
1990
Heating
Gas
Yield analysis
Low investment rating
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood
The rent covers 53% of the payment — you top up about 353 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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▼ 2.9% · 5,100 €
- 175,000 €
- 169,900 €▼ 5,100 € (2.9%)
Property analysis
This apartment is priced at the typical price (the median) for apartments in Grivica (28 properties) — 1,751 €/m² against 1,727 €/m².
Apartment with four rooms in the town of Shumen, Grivitsa district, located on the second floor of a five-storey brick building.
Layout includes a corridor, living room, dining room, kitchen, two bedrooms, two terraces, bathroom, toilet and storage room, providing convenience and functionality for family use.
The building was constructed in 1990, with brick construction and external insulation; the flooring is laminate and terracotta, and heating is local heating or air conditioning.
The location is on a quiet street in Grivitsa district, close to urban infrastructure and green areas.
The property offers a balanced combination of convenience and practicality for family living in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 401 €. The rent covers 53% of it.
The asking price has fallen by 5,100 € (2.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- local heating
- PVC windows
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 265 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room
- dining room
- kitchen
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
median 1,609 €/m² for comparable properties
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+74% above market
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