Sale

Four-room apartment in Shumen near Mathematical High School with terrace

ShumenMatematicheska Gimnaziya
Published: 7 February 2026 Updated: 18 September 2026
Sale155,000 €1,409 €/m²
Expected rent401 € /mo

AT MARKET LEVEL

fairly priced

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

Area
110 m²
Floor
3 / 3
Construction
Brick
Year
1970

Yield analysis

Low investment rating

3.1% / yr
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent401 €at market conditions for the neighbourhood

The rent covers 58% of the payment — you top up about 287 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 at the typical price (the median) for 4-room apartments in Matematicheska Gimnaziya (16 properties) — 1,409 €/m² against 1,466 €/m².

Four-room apartment with an area of 110 sq m, located in the city of Shumen, Mathematical High School district. The property is on the third floor of a three-storey brick building, built in 1970.

The layout includes a dining room, kitchen, three bedrooms, bathroom and toilet in separate rooms, two corridors, and a large terrace. The apartment has south and north aspect, providing good natural light.

The dwelling lacks modern improvements and requires renovation, offering the opportunity for customization according to the needs of the new owners. It includes an attic space converted into a studio with bathroom and toilet, as well as a cellar and under-stair storage room for additional storage.

The location is convenient, close to Lidl stores, sports hall, playgrounds, kindergarten, and main boulevard. The area offers a variety of everyday amenities.

The property is suitable for family living with potential for adaptation according to the occupants' preferences.

With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 401 €. The rent covers 58% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • south / north aspect
  • large terrace
  • additional rooms
Cons
  • third floor of three
  • needs renovation

Questions for the viewing

Only on imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 238 days.

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

    Because: The building dates from 1970 — about 56 years old.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • dining room
  • kitchen
  • bedroom
  • bedroom
  • bedroom
  • bathroom
  • toilet

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

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

Similar properties nearby