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Is the m² of the large apartments cheaper?

If the elasticity is less than 1, yes: kitchen, bathrooms and common areas weigh the same in a small apartment as in a large one, and the additional meters are less than the average.

In Colombia, within the same estrato, an apartment for sale 10% larger is requested + 7.6% more expensive. In Bogotá an extra m² is worth about 6.07 million pesos, compared to 7.25 million pesos of the medium m². The effect of size is weaker in Soacha (+ 5.1% for 10% of area) and stronger in Rionegro (+ 10.1%).

How much is an extra square meter worth? How the price rises with the size of the apartment in 33 cities of Colombia (October 2026) · Data date: 18 October 2026 · Source: Aptología (aptologia.com)

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