Sale

4-room apartment in Shumen, Kurshun cheshma with large terrace

ShumenKurshun Cheshma
Published: 9 December 2025 Updated: 25 September 2026
Sale160,000 €914 €/m²
Expected rent400 € /mo

~48,500 € BELOW MARKET

good value

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

Area
175 m²
Floor
2 / 4
Construction
Brick
Year
1980

Yield analysis

Low investment rating

3% / yr
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 56% of the payment — you top up about 310 €/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

1 change since listing▼ 8.6% · 15,000 €
  1. 175,000 €7 May 2026Initial price
  2. 160,000 €▼ 15,000 € (8.6%) 15 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 48,500 € below the typical price (the median) for 4-room apartments in Kurshun Cheshma (18 properties) — 914 €/m² against 1,192 €/m².

The apartment is located in the city of Shumen, Kurshun cheshma district, on the second floor of a four-storey brick building. The layout includes a corridor, living room, dining room, kitchen, two bedrooms, bathroom and toilet in separate rooms, and a large terrace. The property has a south/east/north aspect. The building was constructed in 1980 from bricks and has well-maintained common areas. The interior flooring consists of natural parquet and mosaic, with no modern upgrades in the property. The area is quiet and mainly built up with single-family houses, with shops, schools and bus stops nearby. The property includes a basement room and an attic space with additional area. The property is suitable for family use with an emphasis on space and warmth of the home.

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 400 €. The rent covers 56% of it.

The asking price has fallen by 15,000 € (8.6%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • spacious layout
  • large terrace
  • basement and attic
  • southern aspect
Cons
  • lack of modern upgrades

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 23% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 297 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 9%.

  4. 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

  • corridor
  • living room
  • dining room
  • 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
Furnishing
Yes

Approximate location

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

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