Sale

4-room apartment with three terraces in Kurshun cheshma district, Shumen

ShumenKurshun Cheshma
Published: 3 January 2026 Updated: 9 September 2026
Sale220,000 €2,056 €/m²
Expected rent400 € /mo

~92,500 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Kurshun Cheshma (18 properties)

Area
107 m²
Floor
3 / 4
Construction
Brick
Year
1980

Yield analysis

Low investment rating

2.2% / yr
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 41% of the payment — you top up about 576 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 46 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▲ 18.9% · 35,000 €
  1. 185,000 €2 February 2026Initial price
  2. 200,000 €▲ 15,000 € (8.1%) 3 February 2026Price increased
  3. 200,000 €▲ 0 € (0%) 6 March 2026Price increased
  4. 220,000 €▲ 20,000 € (10%) 4 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 92,500 € above the typical price (the median) for 4-room apartments in Kurshun Cheshma (18 properties) — 2,056 €/m² against 1,192 €/m².

4-room apartment in Shumen, Kurshun cheshma district, located on the third floor of a four-storey brick building. The property has an area of 107 sq m and includes a T-shaped corridor, living room, dining room, kitchen, two bedrooms and three terraces. There is the possibility to create a third bedroom, which increases the functionality of the layout. The building was constructed in 1980, and the apartment has replaced PVC windows, external insulation, and updated electrical and plumbing installations. Heating and cooling are provided by three air conditioners, and the property is gasified. The location offers conveniences such as proximity to shops, schools and playgrounds. The apartment includes a basement storage room and attic space, and the option to purchase a garage adds to the conveniences. It is suitable for family use with a focus on practicality and comfort.

With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 400 €. The rent covers 41% of it.

The asking price has risen by 35,000 € (18.9%) since it was first listed.

Source: Market statistics for 4-room apartments in Kurshun Cheshma

Pros and cons

AI summary
Pros
  • functional layout
  • three terraces
  • gasified
  • updated installations
Cons
  • middle floor
  • building from 1980

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 19% higher than when it was first advertised.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 273 days.

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

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

  4. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • living room
  • dining room
  • kitchen
  • bedroom
  • bedroom
  • bathroom

Amenities

  • Access Control

Exposure

AI summary
NNorth

Even light, cooler during summer

WWest

Afternoon and evening sun

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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