Now let’s talk numbers and money. The average cost of renovating an apartment with an area of 40 to 90 square meters typically looks like this:
If you order a turnkey renovation, so the apartment is fully ready for move-in (furniture unpacked, everything set), the cost will be around €500–650 per square meter, depending on the chosen materials and the complexity of the work.
If you're calculating only construction and finishing work (materials included, but excluding furniture and decor), expect to spend about €250–450 per square meter.
If you're dealing with rough construction work only, the price will range from €150 to €350 per square meter.
It’s important to understand that the cost per square meter also depends on the total area of the apartment. For smaller spaces (less than 40 square meters), the cost per renovated meter is usually higher than for more spacious apartments in the 40–90 square meter range.
In larger apartments — 130 to 150 square meters, especially those with two full bathrooms, multiple balconies, a laundry room, and so on — the price per square meter tends to increase as well.