Deal guide
Why Price per Square Metre Doesn't Tell the Whole Story
Price per square metre is useful for screening, but it can hide the real economics of a purchase. Two apartments with the same price per m² can have very different layouts, renovation needs, fees, parking, unusable space and total cash required.
01 · Start with total ticket price
Ask how much money is required to own and use the apartment, not only the unit price. A larger apartment with a lower price per m² may still require much more capital and may have a smaller future buyer pool.
02 · Compare usable space
Corridors, awkward corners, balconies, terraces and poorly planned rooms do not create the same practical value as efficient living space. Study the floor plan, not only the registered area.
03 · Add finishing and renovation
A shell-condition or dated apartment can appear cheap per m² but require substantial renovation, furniture and time before it is usable or rentable. Add these costs to the comparison.
04 · Include recurring costs
Service charges, building management, parking, heating and cooling, maintenance and insurance where relevant affect the real cost of ownership. Larger or premium buildings can carry higher monthly costs.
05 · Value features separately
Parking, storage, view, floor, light, ceiling height, balcony quality and building condition can justify differences that price per m² alone cannot explain. Check whether you actually value and need those features.
06 · Think about future affordability
Resale buyers usually think in total budget. Even if a large apartment looks cheap per m², its total price may place it outside the budget of most buyers. Liquidity can therefore be weaker than the unit price suggests.
For general information only. This guide is not a substitute for legal, tax or investment advice. Verify the facts for your particular transaction and consult a qualified professional when necessary.