One apartment, two prices: Why properties in the same area don’t hold the same value?
Download

One apartment, two prices: Why properties in the same area don’t hold the same value?

Two apartments in the same area with similar surface areas can have entirely different prices. The value of a property is not determined solely by the price per square meter but also by the floor, orientation, view, layout, building quality, apartment condition, and parking. To truly understand a property’s price, you must consider everything it offers as a whole—not just the square meter count. After all, two properties may be side by side yet not provide the same value.

51 Views

Two apartments can be located in the same area, have similar surface areas, and yet show a significant price difference. The reason is not always simply “price per square meter.” In the real-estate market, the value of a property is determined by a combination of factors related to the apartment itself, the building, and its position.

Location

Even within the same area, there can be major differences. An apartment near a main road, public transport, or services may attract a different demand than one just a few minutes away. Yet even when the location is almost identical, the price can still vary.

Floor, orientation, and view

One of the most noticeable factors is the floor. Apartments on higher floors often have more natural light, a wider view, and less street noise. Orientation also matters. A unit with good daylight exposure can be more appealing to a buyer than another of the same size but with less natural light. The view is another element that influences how a property is perceived and valued, especially in urban or open landscapes.

Floor plan

Two 80 m² apartments are not necessarily equal. One may have an efficient layout, well-used space, and sensible room divisions. The other might feature long corridors or areas that are harder to utilize. Therefore, surface area must be considered alongside how that space is actually used.

Building and property quality

Year of construction, quality of materials, building maintenance, elevator availability, management of common areas, and construction standards all contribute to value. A renovated and well-maintained apartment can command a different market position than a same-sized property needing further investment.

Parking

In areas where parking is limited, an apartment with a parking space can hold a significant advantage over a similar unit without one. This is why it’s important not to compare only the total price of two properties, but also what is actually included in that price.

Price per m²

Relying solely on a price-per-square-meter figure can oversimplify a comparison between properties that are not truly alike. A fair analysis must account for location, floor, orientation, view, floor plan, condition, parking, building quality, and documentation. Ultimately, two properties in the same area may have different prices because they do not necessarily offer the same value.

Latest Articles

The best time to invest is during a crisis

The best time to invest is during a crisis

The Albanian real estate market in 2026 is characterized by a slowdown in the pace of price growth, stable demand, and increasing interest from foreign investors. Tirana and the coastal areas remain the main points of interest, while the increase in new constructions and longer sales times require greater care in property selection. For investors, opportunities lie in making the right choice, the actual price, the location, and the potential for long-term income. Investment is not a matter of time, but of vision.

Arjana Lleshaj

Arjana Lleshaj

Real Estate Consultant

WHY DOES SARANDA REMAIN ONE OF THE MOST ATTRACTIVE DESTINATIONS TO LIVE IN AND INVEST IN?

WHY DOES SARANDA REMAIN ONE OF THE MOST ATTRACTIVE DESTINATIONS TO LIVE IN AND INVEST IN?

Saranda is much more than just a tourist destination. The Mediterranean climate, natural beauty, its location facing Corfu, and proximity to Ksamil and Butrint make the city attractive for residential and real estate investments. The development of tourism creates opportunities for accommodation structures, tourist apartments, private residences, and rental properties. Meanwhile, infrastructure, services, and economic development throughout the year remain essential for the city's future. <em>Saranda has the potential to be not only a holiday destination but also a place to live, invest, and build the future.</em>

Arjana Lleshaj

Arjana Lleshaj

Real Estate Consultant

IS THERE STILL TIME TO INVEST IN VLORA, OR IS THE GOLDEN MOMENT PASSING?

IS THERE STILL TIME TO INVEST IN VLORA, OR IS THE GOLDEN MOMENT PASSING?

The sea, proximity to Italy, Sazan Island, the airport, and development projects in Nartë are making Vlora a destination of interest for investors. The interest of foreigners and the tourism potential place the city at the center of the real estate market. Is this the moment to invest in a property near the sea? <em>Vlora, an opportunity to be appreciated today with a vision for the future.</em>

Arjana Lleshaj

Arjana Lleshaj

Real Estate Consultant