Sale

4-room apartment near Mathematical High School in Shumen with two terraces

ShumenMatematicheska Gimnaziya
Published: 5 May 2026 Updated: 9 September 2026
Sale179,000 €1,737 €/m²
Expected rent400 € /mo

~28,000 € ABOVE MARKET

above market

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

Area
103 m²
Floor
1 / 4
Construction
Brick
Year
1980

Yield analysis

Low investment rating

2.7% / yr
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 50% of the payment — you top up about 394 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 37 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 28,000 € above the typical price (the median) for 4-room apartments in Matematicheska Gimnaziya (16 properties) — 1,704 €/m² against 1,466 €/m².

Apartment with four rooms in the city of Shumen, Mathematical High School district.

The layout includes a large L-shaped corridor with built-in wardrobes, a living room and lounge with terraces, two bedrooms, a kitchen with an enclosed terrace, as well as separate bathroom and toilet. The flooring is natural oak parquet.

The building is brick from 1980, maintained, with access control and parking. The apartment is on the first floor of four.

The location is close to a school and urban infrastructure, providing convenience for family living.

The property offers a functional layout and additional spaces such as an attic and basement, suitable for storage or additional organization of the home.

With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 400 €. The rent covers 50% of it.

This property is advertised in 5 offers from 5 different sellers. The gap between the cheapest and the dearest is 6,000 €. It has been listed for 150 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • natural oak parquet
  • access control
Cons
  • ground floor
  • partial north aspect

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 5 listings, and the prices differ by about 3%.

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

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

  3. 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
  • lounge
  • kitchen
  • bathroom
  • toilet

Amenities

  • With Parking
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Location

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