Sale

4-room apartment in Shumen, Pozharnata with terrace

ShumenPojarnata
Published: 3 January 2026 Updated: 2 October 2026
Sale159,000 €1,081 €/m²
Expected rent400 € /mo

~43,500 € BELOW MARKET

good value

against the median for apartments in Pojarnata (22 properties)

Area
147 m²
Floor
2 / 4
Construction
Brick
Year
1980

Yield analysis

Low investment rating

3% / yr
Monthly payment705 €20% down payment · 20 yrs · 3%
Expected rent400 €at market conditions for the neighbourhood

The rent covers 57% of the payment — you top up about 305 €/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

5 changes since listing▼ 9.1% · 16,000 €
  1. 175,000 €6 April 2026Initial price
  2. 170,000 €▼ 5,000 € (2.9%) 4 July 2026Price reduced
  3. 165,000 €▼ 5,000 € (2.9%) 4 September 2026Price reduced
  4. 170,000 €▲ 5,000 € (3%) 8 September 2026Price increased
  5. 159,000 €▼ 11,000 € (6.5%) 2 October 2026Price reduced
  6. 159,000 €▲ 0 € (0%) 2 October 2026Price increasedCurrent

Property analysis

This apartment is priced about 43,500 € below the typical price (the median) for apartments in Pojarnata (22 properties) — 1,081 €/m² against 1,376 €/m².

The apartment is located in the city of Shumen, Pozharnata district, on the second floor of a four-storey brick building.

The layout includes three bedrooms, a living room with walk-through access to the dining room, a kitchen, and a long terrace that spans the living room and dining room, providing additional space.

The building is brick from 1980, and the property requires renovation; it includes a parking space and additional rooms – attic and basement.

The location offers a quiet urban environment with access to amenities and the possibility to use a private yard and garage.

The property is suitable for families looking for a spacious apartment with potential for renovation and comfortable layout.

With 20% down over 20 years the monthly mortgage payment is about 705 €, against an expected local rent of 400 €. The rent covers 57% of it.

This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 272 days. The asking price has fallen by 16,000 € (9.1%) since it was first listed.

Source: Market statistics for apartments in Pojarnata

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • garage / parking space
Cons
  • in need of full renovation

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 21% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 9% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 272 days.

  4. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  5. 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

  • bedroom
  • bedroom
  • bedroom
  • living room
  • dining room
  • kitchen

Amenities

  • With Parking
  • Needs Renovation

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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