Four-room apartment in Shumen, Studentski Grad, with terrace

This apartment is priced at the typical price (the median) for apartments in Voenno Uchilishte (35 properties) — 1,607 €/m² against 1,575 €/m².

The apartment is located in the city of Shumen, in the Studentski Grad area. It features four rooms, distributed between the south and north sides, with three of them opening onto a wide glazed terrace. The internal layout includes a separate kitchen, living room and bedrooms, as well as separate bathroom and toilet. The property is on the first floor of a brick building from 1960. The construction is traditional with parquet and mosaic flooring. The property needs renovation, allowing for reconfiguration according to the new owner's needs. The location is close to the Military School and offers amenities such as a garage and parking space in the courtyard of the cooperative. The total floor area is 102 sq m, and there are additional rooms - an attic room and a basement room for rent. The property is suitable for family use with the possibility of adaptation according to preferences.

With 20% down over 20 years the monthly mortgage payment is about 728 €, against an expected local rent of 400 €. The rent covers 55% of it.

Source: Market statistics for apartments in Voenno Uchilishte