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Balcony raises resale flat prices but lowers new-build prices — Otodom data
Data from Otodom shows that on the secondary market, the absence of a balcony or terrace significantly lowers a flat's value, whereas in the new-build market the most expensive units are those without any outdoor space. The apparent paradox stems from location and building standard: premium new developments in city centres often lack balconies yet command top prices due to size and prestige. Outdoor space is increasingly becoming a market standard that buyers strongly value.
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