Sosnowiec: how much does a flat for a large family cost?

Sosnowiec is one of the larger cities in the voivodeship, so it is worth following the trends on its property market. Last month we checked the prices of small flats; this time we will take a close look at the larger ones.

Large flats – meaning what?

When we analysed small flats in Sosnowiec (mostly studio flats), we set certain criteria. The assumption adopted then was a floor area of up to 30 square metres. This time too, it is worth starting by establishing specific values. As the benchmark we adopted a minimum of 45 square metres. The data we present below comes from May 2016.

Because the upper limit is open, we decided to divide the analysis into two parts. The first is flats of 45 to 60 square metres. Flats of this size can be bought in Sosnowiec at an average price of PLN 2719 per m2. For comparison, the average for all Sosnowiec listings available on the Morizon portal is 2815.

Among flats of this type, two-room and three-room properties dominate the listings. Tellingly, however, the latter achieve a decidedly higher price per square metre. The difference is 2691 versus PLN 2796.

READ ALSO – HOW MUCH DO SMALL FLATS IN SOSNOWIEC COST?

Even larger flats

We also checked the prices achieved by flats in Sosnowiec with a floor area above 60 m2. In this case the cost of each square metre averaged PLN 2910. Tellingly, the number of rooms mattered here too.

Properties with a maximum of three rooms had an average price of PLN 2867 per square metre. However, if you look at Sosnowiec flats with at least four and at least five rooms respectively, prices were higher. In the first of these cases, according to data taken from the Morizon portal, they averaged PLN 3020, while in the second – 3324 per square metre. For those with at least six rooms – PLN 3377.

Renting instead of buying

What about renting? The picture is quite interesting. As you can see above, when it comes to sales, larger flats achieve higher prices per square metre. However, when it comes to flats to rent, Sosnowiec can surprise.

As it turns out, for flats with an area of between 45 and 60 square metres, the monthly rent per square metre averages PLN 26. For floor areas above 60 square metres it is only PLN 20 per square metre.