Personally no idea... I rent :-), but when you come to a new forum it's often a good idea to browse first. So get a nice bottle of chilled white (or a big pot of Assam ... you get the idea
) and settle down for an hour or two to get a feel for the questions you should be asking.
You'll find some really obscure and detailed questions have been answered here, but yours is quite general. The prices you mentioned are about 1000 per sq. m, and that, if I recall correctly, seems quite cheap. Others will be along soon, although it is aperitivo hour... so I must dash. :-)