Three-storey house with yard in the centre of Shumen, Oborishte

This house is priced about 361,500 € below the typical price (the median) for houses in Centyr (58 properties) — 660 €/m² against 1,342 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The property is a three-storey building with a total floor area of 528 sq m, located in the centre of Shumen, Oborishte district.

The layout includes a ground floor with commercial premises and an office, a first floor with offices, and a residential part on the second and third floors with a total of eight rooms and sanitary facilities. There is a yard of 350 sq m with potential for a garage and additional buildings.

The building was constructed in 1920 with a wooden-frame structure and requires renovation to improve its condition and functionality. Basic utilities are available, but the property needs updating.

The location is close to the central urban area, providing convenient access to infrastructure and services. The ground floor commercial premises are rented out, generating additional income.

The property is suitable for combined residential and business use, offering opportunities for development as an office, hotel, or other type of activity in an urban environment.

Source: Market statistics for houses in Centyr