What €200,000 buys you across Europe

Across Europe, a €200,000 budget buys very different homes. At median asking prices for apartments in Seeki.eu listings data, as of 11 August 2026, it stretches to about 91 m² in Łódź and 49 m² in Warsaw, but only 24 m² in Amsterdam and 19 m² in Paris. The same money buys close to five times the floor space in the cheapest market on this list as in the dearest.

Last reviewed: 2026-08-11. Methodology and sources at the foot of this article.

How far €200,000 stretches, city by city

The table ranks twenty cities by median asking price per square metre for apartments, then converts that into the floor area €200,000 would buy. The third column is the share of each city's apartment listings priced at or below €200,000, in other words how often that budget is enough to buy at all. The last column is each city's average Seeki.eu location score, a 0–100 measure of how well-served the typical address is.

City	Median price (€/m²)	Space for €200,000	Apartments at or under €200k	Location score
Łódź	2,201	91 m²	94%	80
Lublin	2,433	82 m²	94%	59
Granada	2,792	72 m²	21%	76
Poznań	2,939	68 m²	80%	79
Wrocław	3,102	64 m²	76%	70
Gdańsk	3,519	57 m²	62%	71
Kraków	3,690	54 m²	56%	71
Warsaw	4,077	49 m²	48%	80
Marseille	4,400	45 m²	32%	85
Bratislava	4,415	45 m²	17%	84
Graz	4,677	43 m²	25%	87
Toulouse	4,723	42 m²	30%	87
Barcelona	4,985	40 m²	11%	93
Berlin	5,517	36 m²	14%	83
Madrid	5,799	34 m²	8%	91
Vienna	6,546	31 m²	8%	87
Hamburg	6,600	30 m²	7%	72
Prague	6,953	29 m²	5%	85
Amsterdam	8,163	24 m²	0.1%	85
Paris	10,750	19 m²	14%	85

The spread is the headline. €200,000 buys a family-sized flat across the Polish cities, a compact one-bedroom in Marseille, Bratislava or Graz, and a studio in Berlin, Madrid, Vienna, Prague, Amsterdam or Paris. Poland anchors the value end of the list, seven cities deep, while Paris, Amsterdam, Prague, Hamburg and Vienna anchor the premium end. If you are weighing several of these markets against one budget rather than picking a city first, the relocation comparator ranks up to 30 cities by what your money actually buys.

Where €200,000 is a normal budget, and where it is a studio fund

The "apartments at or under €200k" column matters as much as the per-metre price. It tells you whether €200,000 is a mainstream budget in a city or an outlier one. In Łódź and Lublin more than nine listings in ten sit at or below €200,000, and in Poznań, Wrocław and Gdańsk it runs between roughly three-fifths and four-fifths, so a buyer at that budget shops in the deep middle of the market with real choice. In Kraków the share is 56%, in Warsaw 48%, so the budget still clears about half the market in both.

Cross into the premium cluster and the budget thins out fast. In Berlin about one apartment in seven is priced at or under €200,000, in Barcelona about one in nine, in Madrid and Vienna about one in twelve, in Hamburg one in thirteen, and in Prague fewer than one in twenty. Amsterdam is the floor, at a tenth of one percent. In those cities €200,000 does not buy a typical home. It buys a small, often older or outlying one: the median apartment advertised at or under the budget measures 51 m² in Barcelona, 44 m² in Berlin and 34 m² in Prague.

Paris breaks that pattern on the surface, and the reason is worth stating plainly. Fourteen percent of Paris apartments are advertised at or under €200,000, a wider share than Berlin or Barcelona, yet the median size of that pool is 10 m². The budget is not reaching small Paris flats. It is reaching the city's stock of former servants' rooms and box studios under the eaves, which is why Paris sits at both the top of the price column and the middle of the availability column.

Space is not the same as value

More square metres do not automatically mean a better place to live. The Seeki.eu location score scores the address, not the flat: how walkable it is, how close the transport, shops, schools and green space sit, how quiet the street tends to be. Read the space column and the score column together and the value picture sharpens.

Two Polish cities pair generous space with a strong address. Łódź buys about 91 m² for €200,000 at a location score of 80, and Poznań 68 m² at 79. Both give you room and a well-connected setting for a budget that buys a real home rather than a compromise. Lower down the score scale, Lublin buys the most space after Łódź, about 82 m², but at a location score of 59, and Gdańsk and Wrocław buy 57 and 64 m² at scores of 71 and 70, so a larger flat in those markets is more likely to sit further from the things that make daily life easy. If you want the detail of how the score is built, we wrote it up in what the Seeki Score actually measures.

The Spanish puzzle: cheap per metre, scarce under €200,000

Granada looks like a bargain on the per-metre line, at about €2,792 per square metre, cheaper than every city here except Łódź and Lublin. Yet only about one apartment in five is priced at or under €200,000. The reason is size: the median apartment advertised in Granada measures 101 m², against 47 m² in Łódź and 52 m² in Lublin, so even a modest per-metre price adds up to a total that clears the budget. Barcelona and Madrid sit far higher on both counts, near €4,985 and €5,799 per square metre, with roughly one apartment in nine and one in twelve under €200,000. Spain runs the full length of this list, from one of the cheapest per-metre markets to two of the priciest metros, and the location scores follow: Barcelona posts the highest score in the table at 93, with Madrid just behind at 91.

Amsterdam and Paris: the ceiling

At the top of the table, €200,000 stops being a buying budget and becomes a deposit. Amsterdam and Paris carry median asking prices of €8,163 and €10,750 per square metre, the two highest here. These are among the deepest and best-paid housing markets in Europe, and the per-metre cost reflects it. The budget buys about 24 m² in Amsterdam and 19 m² in Paris, chosen from the very edge of each market rather than its middle. In Amsterdam that edge is almost empty, a tenth of one percent of apartment listings. In Paris it is wider but smaller in every other sense, a pool whose median size is 10 m².

What drives the gaps

Three forces explain most of the spread. Supply: cities that cannot build fast enough to meet demand, like Paris and Amsterdam, price space at a premium. Demand and incomes: the French, Dutch and Spanish metro markets draw deep, well-paid buyer demand that holds per-metre prices up. And unit size, which is where Spain earns its puzzle: where apartments run large, a low per-metre price still adds up to a total that often clears a €200,000 budget. None of these move quickly, so the broad shape of this ranking tends to hold from quarter to quarter even as individual numbers drift.

Frequently asked questions

Where in Europe does €200,000 buy the most apartment?

Among the cities studied, Łódź buys the most floor space for €200,000, about 91 m² at the median asking price for apartments, followed by Lublin at roughly 82 m² and Granada at 72 m². The Polish cities are where a €200,000 budget clears the median apartment comfortably, so a buyer there has genuine choice rather than a narrow slice of the market.

Can €200,000 buy an apartment in Paris or Amsterdam in 2026?

Only a very small one from the edge of the market. At median asking prices, €200,000 buys roughly 19 m² in Paris and 24 m² in Amsterdam. In Amsterdam almost nothing is advertised at or under that figure, a tenth of one percent of apartment listings. In Paris the share is 14%, but the median size of that pool is 10 m², so the budget reaches the city's former servants' rooms rather than a small flat.

Which European city is cheapest per square metre?

On this list, Łódź is the cheapest at about €2,201 per square metre, followed by Lublin and Granada. All three let a €200,000 budget stretch past 70 m². Paris is the dearest at roughly €10,750 per square metre, close to five times Łódź.

Why does Granada look cheap per metre but have few homes under €200,000?

Granada's median asking price is about €2,792 per square metre, among the lowest here, yet only about one apartment in five is priced at or under €200,000. The median apartment advertised there measures 101 m², against 47 m² in Łódź, so a low per-metre price still produces a total above the budget far more often than in the Polish cities, where units are smaller.

Are these asking prices or actual sale prices?

These are median asking prices, what sellers advertise, not the prices finally agreed at completion. Asking prices tend to run slightly ahead of agreed prices, so read the figures as a current snapshot of what is on the market rather than a transaction average. They cover apartments only. Houses and land follow different per-metre patterns.

How often is this updated?

The figures are drawn from apartments currently advertised on Seeki.eu and reviewed at least quarterly, with the review date shown at the top of the article. Property prices drift gradually, so the broad ranking tends to hold between updates even as individual cities move by a hundred euros per metre or so.

Methodology

The space figures come from the median asking price per square metre for apartments in each city, calculated from asking prices and floor areas on listings advertised on Seeki.eu on 11 August 2026, then divided into €200,000 to give the floor area that budget buys. Prices are converted to euros at European Central Bank reference rates so the cities compare on a like-for-like basis, and medians are used because they resist outliers better than averages. The table covers twenty major European cities, each carrying at least a thousand apartment sale listings on the review date. The "apartments at or under €200k" column is the share of each city's apartment listings priced at or below that figure in euros. The location score is the average of the per-listing Seeki.eu location score for each city. "€200,000" is an illustrative round budget, not a typical price. The data is reviewed at least quarterly.

For buyers weighing one of these markets, our per-country guides cover the mechanics of purchase, taxes and non-resident rules. Start with the Buying Property in Spain as a Foreigner (2026 Guide), the Buying Property in France as a Foreigner (2026 Guide) or the Buying Property in Poland as a Foreigner (2026 Guide). To see what is on the market now, browse apartments for sale in Łódź, Barcelona or Paris, or compare per-metre prices on the Spanish price-per-m² page. For a budget-flipped view of the same markets, see what €1,000 a month rents across Europe.

Sources

• Seeki.eu listings data, read on 11 August 2026: median asking price per square metre, median floor area, the share of listings at or under €200,000, and the average per-listing location score, for published apartment sale listings in each of the twenty cities.
• European Central Bank euro reference rates, used to convert asking prices quoted in Polish złoty and Czech koruna into euros.