median 1,227 €/m² for comparable properties
Rent covers ~ 184% of the payment
~ 400 €/mo rent · pays for itself in ~ 10 yrs
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Kurshun Cheshma (18 properties)
Low investment rating
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.
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
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
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.
Maximum sunlight throughout the day
Even light, cooler during summer
Morning sun, cooler afternoons
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,227 €/m² for comparable properties
Rent covers ~ 184% of the payment
~ 400 €/mo rent · pays for itself in ~ 10 yrs
median 1,227 €/m² for comparable properties
Rent covers ~ 184% of the payment
~ 400 €/mo rent · pays for itself in ~ 10 yrs
median 1,192 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 400 €/mo rent · you top up ~ 305 €/mo
median 1,192 €/m² for comparable properties
Rent covers ~ 49% of the payment
~ 400 €/mo rent · you top up ~ 417 €/mo
median 1,227 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 400 €/mo rent · pays for itself in ~ 11 yrs
median 1,227 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 400 €/mo rent · pays for itself in ~ 18 yrs
median 1,227 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 400 €/mo rent · you top up ~ 182 €/mo
median 1,227 €/m² for comparable properties
Rent covers ~ 184% of the payment
~ 400 €/mo rent · pays for itself in ~ 10 yrs