Example: €800,000+ vs €400,000− Apartment

(Prices below are indicative and refer to similar areas and comparable construction quality.)

Apartment A: €850,000

Apartment B: €380,000

Assume both:

• Are in the same broader area

• Are newly built or of similar quality

• Have proper mechanical systems and modern specs

We are not comparing “good vs bad.”
We are comparing different price tiers within the same market environment.

The Role of Location

Location determines:

• Depth of demand

• Buyer profile

• Income level of the area

• Absorption speed

In areas with:

• strong access

• schools

• retail activity

• transport infrastructure

• stable residential demand

liquidity is significantly higher.

Even at €850,000,
if the micro-location is strong,
absorption remains healthy.

In trend-driven or marginal areas,
liquidity weakens first.

The Role of Construction Quality

A €850,000 premium apartment with:

• high energy efficiency

• functional layout

• strong build quality

• small-scale building

may remain liquid even during slower cycles.

But if it is:

• average quality

• overpriced

• in a problematic building

liquidity disappears quickly.

The same applies at €380,000.

Lower price does not fix poor construction.

In a 10% Market Decline

€380,000 Apartment

New level: ~€342,000

With good location and solid quality:

• broad buyer pool

• mortgage buyers

• small investors

Absorption continues.

€850,000 Apartment

New level: ~€765,000

If location is strong and quality is high:

• it will sell

• but at a slower pace

If the location is marginal or pricing was aggressive:

• discounts may reach 15–20%

• time on market increases significantly

The Core Point

Liquidity is not just about price.

It is a function of:

• price range

• location

• construction quality

• buyer depth

A €850,000 apartment in an excellent micro-location with strong build quality may be more liquid than a poorly positioned €380,000 unit.

But under equal conditions,
lower price brackets generally have deeper demand pools.

Why This Matters for Investors

As discussed in
“If You Had €1,000,000 Today — How Would You Allocate It in Real Estate?”,
diversification reduces concentration risk.

If an asset is not liquid,
leverage becomes dangerous.

The Real Definition of Safety

Real safety in real estate is not:

• high pricing

• low pricing

It is:

• strong micro-location

• durable construction quality

• correct pricing

• deep buyer demand

The real question is not:

Will it go up?

The real question is:

If I need to exit, can I?

The Role of Poli Real Estate

At Poli Real Estate, every acquisition is evaluated not only based on:

• yield

• cost

• projected margin

But also on:

• absorption time

• buyer depth

• expected discount in a 10–15% downturn

• forced-sale risk

Because the most important part of investing
is not only how you enter.

It is how you exit.

Want to know how liquid your target property really is?

Speak with Poli Real Estate to evaluate its absorption strength before you commit.