Sale

Spacious 4-room apartment in Shumen, Kurshun cheshma with garage

ShumenKurshun Cheshma
Published: 8 January 2026 Updated: 1 October 2026
Sale159,000 €1,060 €/m²
Expected rent400 € /mo

~20,000 € BELOW MARKET

good value

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

Area
150 m²
Floor
2 / 4
Construction
Brick
Year
1980
Heating
Gas

Yield analysis

Low investment rating

3% / yr
Monthly payment705 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 57% of the payment — you top up about 305 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 11.7% · 21,000 €
  1. 180,000 €4 March 2026Initial price
  2. 175,000 €▼ 5,000 € (2.8%) 2 April 2026Price reduced
  3. 165,000 €▼ 10,000 € (5.7%) 3 July 2026Price reduced
  4. 159,800 €▼ 5,200 € (3.2%) 9 July 2026Price reduced
  5. 159,000 €▼ 800 € (0.5%) 15 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 20,000 € below the typical price (the median) for 4-room apartments in Kurshun Cheshma (18 properties) — 1,060 €/m² against 1,192 €/m².

4-room apartment in the city of Shumen, district Kurshun cheshma. It has an area of 150 sq m and is located on the second floor of a four-storey brick building.

The layout includes spacious rooms suitable for family use, with an additional basement and attic space not included in the main area.

The building was constructed in 1980, built of brick and gasified, providing heating conveniences. The property includes a parking space and a garage.

The location is quiet and peaceful, with views of the monument and the city, contributing to a comfortable urban environment.

Suitable for family use with a balanced combination of space and amenities in an urban setting.

With 20% down over 20 years the monthly mortgage payment is about 705 €, against an expected local rent of 400 €. The rent covers 57% of it.

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 21,000 €. It has been listed for 268 days. The asking price has fallen by 21,000 € (11.7%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • spacious apartment
  • garage and basement
  • gas heating
  • quiet location
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 imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 12%.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 4 times — about 12% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 268 days.

  4. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  5. 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.

Amenities

  • With Parking
  • Access Control
  • Needs Renovation

Details

Category
Residential
Rooms
4
Furnishing
Yes

Approximate location

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

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