+19% above market
median 1,466 €/m² for comparable properties
209,000 € 1,741 €/m²
Rent covers ~ 43% of the payment
~ 401 €/mo rent · you top up ~ 526 €/mo
Sale
Four-room apartment with three bedrooms in Shumen, Matematischeska gimnaziya
ShumenMatematicheska GimnaziyaSale184,000 €1,533 €/m²
Expected rent401 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Matematicheska Gimnaziya (16 properties)
Area
120 m²
Floor
3 / 4
Construction
Brick
Year
1980
Yield analysis
Low investment rating
Monthly payment816 €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 415 €/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 at the typical price (the median) for 4-room apartments in Matematicheska Gimnaziya (16 properties) — 1,533 €/m² against 1,466 €/m².
The apartment is located in the city of Shumen, in the Matematischeska gimnaziya district.
The layout includes a spacious living room, three bedrooms, kitchen, separate bathroom and toilet, as well as two terraces, one of which is glazed.
The building is brick from 1980, the apartment is on the third of four floors with partially replaced PVC windows and flooring of natural parquet and terracotta. Heating is electric.
The location is convenient with proximity to schools, shops, playgrounds and public transport.
The property is suitable for families seeking functional layout and amenities in a well-developed district.
With 20% down over 20 years the monthly mortgage payment is about 816 €, 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 summaryPros
- functional layout
- two terraces
- partially replaced windows
- close to schools
Cons
- electric heating
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- Access Control
Exposure
AI summarySSouth
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.
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