median 1,500 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 400 €/mo rent · you top up ~ 392 €/mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Boyan Bylgaranov 2 (59 properties)
Fair investment rating
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for apartments in Boyan Bylgaranov 2 (59 properties) — 1,370 €/m² against 1,371 €/m².
Apartment with an area of 62 sq m, located in the Boyan Balgaranov district of Shumen. It is situated on a middle floor (4 of 8) in a prefab panel block from 1980 with an elevator and parking.
The layout includes a shaped corridor, spacious living room with an open terrace, bedroom, and kitchen with a shared enclosed PVC-glazed terrace, as well as a bathroom with toilet. The property has partial improvements such as renewed PVC windows and new laminated parquet.
The building is prefab panel construction, maintained with available amenities like elevator and parking. The interior condition is good, with freshening repairs done.
The district offers a quiet urban environment with convenient access to essential services and transport. The location is suitable for families seeking a functional residential property.
Overall characteristics make the property suitable for everyday family life with a balanced ratio between comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 400 €. The rent covers the whole payment (106%).
Source: Market statistics for apartments in Boyan Bylgaranov 2
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 211 days.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,500 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 400 €/mo rent · you top up ~ 392 €/mo
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~ 400 €/mo rent · pays for itself in ~ 18 yrs
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