Sale

Spacious 4-room apartment in Kurshun cheshma district, Shumen

ShumenKurshun Cheshma
Published: 5 June 2026 Updated: 30 September 2026
Sale164,000 €1,123 €/m²
Expected rent400 € /mo

AT MARKET LEVEL

fairly priced

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

Area
146 m²
Floor
2 / 4
Construction
Brick
Year
1980

Yield analysis

Low investment rating

2.9% / yr
Monthly payment728 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 328 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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▼ 6.3% · 11,000 €
  1. 175,000 €5 June 2026Initial price
  2. 164,000 €▼ 11,000 € (6.3%) 9 August 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 4-room apartments in Kurshun Cheshma (18 properties) — 1,123 €/m² against 1,192 €/m².

4-room apartment in the town of Shumen, Kurshun cheshma district, located on the second floor of a brick building. The property has an area of 146 sq m and offers conveniences for a large family.

The layout includes a living room, living area with kitchen, two separate bedrooms, bathroom and toilet in separate rooms, with each room having access to a terrace providing natural light.

The building is brick from 1980, heating is electric and solid fuel, with the possibility for gas heating due to the building's gasification. The interior furnishings and wooden window frames require repair or replacement.

The district is quiet and preferred for living, with good access to city infrastructure. The property includes a basement and attic space, increasing its functionality.

The property is suitable for families seeking space and the opportunity for customization through renovation and modernization.

With 20% down over 20 years the monthly mortgage payment is about 728 €, against an expected local rent of 400 €. The rent covers 55% of it.

The asking price has fallen by 11,000 € (6.3%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • terrace to each room
  • brick construction
  • gasification
Cons
  • needs renovation
  • wooden window frames
  • electric heating

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 6%.

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

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

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

Layout

  • living room
  • living area
  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

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

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