Home News The Difference between a Ground Floor and Top Floor Apartment in Spain

The Difference between a Ground Floor and Top Floor Apartment in Spain

Published on 12/10/2015

I wasn’t wholly aware of the disadvantages, but, for me, I’d choose an “ático” over a ground-floor property every time.

And most people would, which is why this is reflected in the price of the two different types of living accommodation.

On average, a top-floor apartment will set you back around 264,947 euro and measures approximately 112 square metres, while a standard ground floor has an average surface area of 91 square metres, and a price tag of 146,845 euro. In both cases, this would consist of two bedrooms and one bathroom.

Therefore, for those that prefer to live higher up, they would have to invest 80% more money for the privilege. This is also partly due to the fact that there are many more offers of ground floors than there are áticos, which naturally pushes the price up on the latter.

Some of the main reasons why people opt for the apartments at the top of a building include more natural light inside the property and better views.

However, living in an ático also has its disadvantages, especially if the building itself is very old. If it is not maintained properly, those living on the top floor could experience leaks from the roof or humidity.

Top-floor apartments are also more susceptible to changes in temperature, which in many cases could mean investing in some type of insulation for the winter and air-conditioning in the summer. Personally, my apartment is always warm in the winter due to the amount of sunlight received during the day and the fact that heat from the apartments below rises to keep mine warm. Much of it depends on the type of windows you have and the position of the sun throughout the day.

With regards to ground-floor apartments, they are usually always the last to be sold, but, on the plus side, this means that you can often manage to save a lot of money and even get very good discounts. It is always worth going to check out a ground-floor property because it isn’t necessarily always a given that it won’t have any windows and is dark. Some of them have interior patios or much more outside space.

Differences in autonomous regions

The most expensive and largest áticos are to be found in Madrid. Here they cost an average of 557,590 euro and have an average area of 144 square metres. This is contrasted with those in the region of Castilla-La Mancha, where they are priced at around 145,390 euro and those in Cantabria are the smallest at 78 square metres.

Regarding ground-floor apartments, the most economically priced are found in Extremadura, at 101,397 euro. The most expensive and the smallest are located in the north of the country in the Basque Country and Galicia respectively.

The greatest difference in price between the two types of property has been registered in Madrid. An ático costs 192% more than a ground-floor apartment. At the other end of the scale, the least amount of difference is in Cantabria, where top floors are only 13% more expensive.

The largest offer of top-floor apartments for the whole country can be found in the Balearic Islands, while in the north of the country, such as La Rioja, Asturias or the Basque Country, only 2% of all property offers include top-floor apartments.

Ground-floor apartments are pretty abundant in Castilla-La Mancha, where they make up 13% of all offers, while the fewest offers are to be found in Galicia and Navarra where they only make up 3% of the total.

Source: www.elmundo.es


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