How to spot an undervalued apartment

“Undervalued” is not about the lowest sticker price — it is about paying less than the property is worth. Three numbers do most of the work, and you can check all of them before you ever call an agent.

1. Price-per-m², against the neighbourhood

The headline price tells you almost nothing on its own. Price-per-m² compared with similar flats in the same area tells you a lot. A unit priced well below the local median is either a genuine opportunity or a flat with a problem — which is exactly what to find out next.

2. Days on market

A listing that has sat for months has usually been priced wrong — and the seller is now the motivated one. Because Landomo tracks listings over time, you can see what is stale and what just appeared, and use that as negotiating leverage.

3. Gross rental yield

If you are buying to let, the deal lives or dies on yield: estimated annual rent divided by the purchase price. A flat that looks pricey can still be a strong buy if the rent supports it — and a cheap flat in a weak rental area can be the worse investment.

• Below-median price/m² + a plausible reason it is cheap = worth a viewing.
• High days-on-market = room to negotiate.
• Healthy gross yield = the numbers work even if prices stay flat.

Let the filters do the hunting

Rather than eyeball thousands of listings, filter for what matters and let the bargains surface. Sort apartments for sale by value, set a budget, and screen for the higher-yield end of the market in one pass.