
Apartment prices will continue to rise through 2025. Labor shortages, rising construction costs, and new investments are some of the factors influencing this growth.
" In every place that goes infrastructure, goes school, goes road, goes urbanization and the area gets a progressive growth. I would say that every year we have a growth, which is influenced by a series of elements, such as labor, raw materials and construction costs, which affect the increase in prices ," says Orgest Beti, real estate agent.
The increase in prices is observed in areas that, at least two years ago, were considered suburban. This is due to the investments that have been made, increasing the value of the property. New constructions, made since 2024, are also a factor that has brought about an increase in prices per square meter.
"The construction of the Great Ring Road also develops those areas that until yesterday we considered informal areas. The road has a very large development for all communities. Today, as we speak, the area has seen an increase of 10-15% compared to two years ago," he says.
Experts say that this growth will continue mainly in areas where investments are being made, such as the New Boulevard area.