Property Prices in Shumen, Bulgaria

Index
Price to Income Ratio:	5.47
Mortgage as Percentage of Income:	40.34%
Loan Affordability Index:	2.48
Price to Rent Ratio - City Centre:	16.78
Price to Rent Ratio - Outside of Centre:	19.02
Gross Rental Yield (City Centre):	5.96%
Gross Rental Yield (Outside of Centre):	5.26%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	493.56 лв	430.68-550.00
Apartment (1 bedroom) Outside of Centre	314.55 лв	293.65-350.00
Apartment (3 bedrooms) in City Centre	711.72 лв	685.17-750.00
Apartment (3 bedrooms) Outside of Centre	555.90 лв	500.00-600.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	152.86 лв	109.12-182.23
Price per Square Feet to Buy Apartment Outside of Centre	120.28 лв	54.56-176.23
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,344.25 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.17	2.80-5.70

These data are based on 32 entries in the past 18 months from 6 different contributors.
Last update: June 2023

Sources and References

Nearby cities:

Property Prices in Razgrad	29.86 miles
Property Prices in Varna	54.56 miles
Property Prices in Ruse	70.04 miles
Property Prices in Silistra	71.94 miles
Property Prices in Veliko Tarnovo	88.16 miles
Property Prices in Burgas	90.56 miles
Property Prices in Sliven	91.98 miles
Property Prices in Jambol	93.21 miles
Property Prices in Sunny Beach	111.86 miles
Property Prices in Gabrovo	114.41 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	23,174.00
GDP Growth Rate:	3.39%
Population Growth Rate:	-0.67%