Apartment Finishing Budget: An Estimation Guide
Estimating a finishing budget is one of the steps many apartment owners get wrong, either underestimating so the project stalls midway, or not allocating budget for important items like electrical and plumbing. This guide helps you estimate realistically before starting.
Factors affecting finishing cost
- Total apartment area in square metres.
- Required finishing level: economical, mid-range, or luxury.
- Current apartment condition: fresh finishing or renovation over old finishing.
- Chosen material type (ceramic, marble, wood flooring, etc).
- Complexity of interior design and extra details (gypsum work, hidden lighting).
Approximate budget breakdown across items
| Item | Approximate Share of Budget |
|---|---|
| Flooring and tiling | 20 – 25% |
| Painting and gypsum work | 15 – 20% |
| Electrical and lighting | 15 – 20% |
| Kitchen and bathrooms | 25 – 30% |
| Extra work and transport | 10 – 15% |
Practical tip: set aside a budget reserve
We always recommend setting aside an extra 10–15% as a reserve for unexpected surprises (like discovering an old electrical or plumbing issue during execution), rather than budgeting at the tightest possible margin.
How to get an accurate estimate for your project
Send the apartment's area, required finishing level, and any photos of the current condition, and we'll give you a realistic initial estimate before the final site visit.
Note: prices in this article are indicative and vary with specification, quantity and site conditions. For an exact figure for your project, request a free quote.
Frequently asked questions
Can finishing be done in phases based on budget?+
Yes, the project can be split into phases (e.g. flooring and electrical first, then final finishing later) based on what suits you.
What's the price difference between economical and luxury finishing?+
The core difference is material type and detail level; the difference can exceed double the price for the same area.
Does the budget include furniture cost?+
No, a finishing budget covers construction and finishing work only, and doesn't usually include movable furniture and decor.
