Property Prices in Shumen, Bulgaria

Index
Price to Income Ratio:	6.27
Mortgage as Percentage of Income:	48.94%
Loan Affordability Index:	2.04
Price to Rent Ratio - City Centre:	21.41
Price to Rent Ratio - Outside of Centre:	21.01
Gross Rental Yield (City Centre):	4.67%
Gross Rental Yield (Outside of Centre):	4.76%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	470.00 лв	400.00-600.00
Apartment (1 bedroom) Outside of Centre	325.00 лв	300.00-450.00
Apartment (3 bedrooms) in City Centre	850.00 лв	700.00-1,000.00
Apartment (3 bedrooms) Outside of Centre	550.00 лв	500.00-600.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	204.38 лв	130.06-278.71
Price per Square Feet to Buy Apartment Outside of Centre	134.71 лв	83.61-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,456.20 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.83	4.00-5.70

These data are based on 37 entries from 7 contributors over the past 18 months.
Last update: February 2025

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 Sunny Beach	111.86 miles
Property Prices in Gabrovo	114.41 miles
Property Prices in Pleven	135.00 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	33,400.00
GDP Growth Rate:	1.89%
Population Growth Rate:	-0.66%