economy
Building a house today requires a fortune: Square meter reaches 1,500 euros
Building one's own home is a lifelong dream for many, but it also represents one of the most demanding financial undertakings.
TL;DR
- Building a house is a major financial undertaking, with costs significantly higher than before.
- Pre-construction costs, including loans, permits, and documentation, form a substantial part of the initial investment.
- Turnkey construction prices have risen by approximately 25%, now ranging from 880 to 1,500 euros per square meter.
- Adaptation of existing buildings has also seen a price increase of around 30%, costing between 120 to 180 euros per square meter.
- Experts recommend the 'turnkey' model with a single contractor to minimize risks and unforeseen costs.
- Low-energy houses are 10-15% more expensive upfront but become more cost-effective over time due to reduced energy consumption.
- Prefabricated houses offer faster construction and a healthier living environment but have long waiting lists.
- Traditional brick houses remain dominant for multi-story or attic properties, with construction typically taking about a year.