Sale

4-room apartment in Shumen near Mathematical High School with garage

ShumenMatematicheska Gimnaziya
Published: 1 July 2026 Updated: 2 October 2026
Sale185,000 €1,796 €/m²
Expected rent401 € /mo

~34,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Matematicheska Gimnaziya (16 properties)

Area
103 m²
Floor
1 / 5
Construction
Brick

Yield analysis

Low investment rating

2.6% / yr
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 49% of the payment — you top up about 420 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 34,000 € above the typical price (the median) for 4-room apartments in Matematicheska Gimnaziya (16 properties) — 1,796 €/m² against 1,466 €/m².

4-room apartment in the city of Shumen, located near the Mathematical High School. The property is on the first floor of a five-storey brick building.

The layout includes an L-shaped corridor, living room with a shared terrace with a bedroom, two separate bedrooms, kitchen with a separate terrace, bathroom and toilet in separate rooms. The apartment includes an attic space, basement, and a detached garage.

The building is brick, which suggests better insulation and durability over time. No construction year or additional amenities are specified.

The location is convenient for families, as the area offers access to schools and urban infrastructure.

The property is suitable for a large family or for those seeking spaciousness and functional layout in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 401 €. The rent covers 49% of it.

Source: Market statistics for 4-room apartments in Matematicheska Gimnaziya

Pros and cons

AI summary
Pros
  • functional layout
  • garage
  • two terraces
  • brick construction
Cons
  • ground floor

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 damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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
  • bedroom
  • bedroom
  • kitchen
  • bedroom

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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