Cost is an important consideration to ask yourself if you like the idea of building your own dream villa in Spain. Constructing a house in Spain from scratch will involve some uncertainties, and it is essential to work out your total budget and find a way to stick to it. It is simpler to accomplish this if you control your spending from the outset because building a home is an intricate procedure that involves many variables.
It is undeniably important to hire an architect who will help you design the property. Your architect will produce all the necessary documents, such as the bill of quantities. All the work units necessary to complete the build must be considered, corresponding to the requirements you have requested.
Your architect must incorporate any ideas related to concept design, structural work, and installations in the bill of quantities. The financial plan for building a house is highly variable and adjustable to time.
The cost of an architect mostly depends on the reputation of the professional and the intricacy of the project. Their fees are usually between 4 and 6% total cost of the build. The cost of hiring an architect is also very inconsistent and will be different throughout Spain. You will be pushed to find an architect for a single-family home for less than 6,000 euros, and some will charge as much as 12,000 euros.
Factors influencing the cost per square metre
When discussing building a house, specialists refer to the cost per square metre, without adding the fees for taxes or licences, which will need to be included in the total budget. The budget is divided into the steps required to complete the building work.
This budget depends on factors that may interfere with the construction, such as topographic characteristics, the home area, the material quality, finishes, the complexity, and finally, the construction firm itself.
Cost per square meter of construction
The expected budget for a single-family Costa Blanca home has increased substantially in the last few years from around €900/m² to 1.200€ -1.500€/m2, and this is talking about relatively basic materials.
You must consider these variables:
The total construction area
The price per m² increases with the area of materials. Needless to say, 100m2 of floor tiles is cheaper than 1.000m2.
One or two floors?
Distributing a house on one or two floors is pivotal in the total budget. From 150 m² it’s more advantageous to build on two floors instead of one, as the influence of the foundations and roof sections lowers the final cost.
Roof
A house with unique spaces like patios and terraces increases the budget.
A flat roof is much cheaper than a sloped roof.
Facade
The impact on the final cost, if designed with facing brick or regular renderable clay brick, is quite considerable. Facing brick is cheaper in the long run because it requires zero maintenance for decades, whereas the render is painted, and you will typically need to repaint every ten years or so. So, although it is at first cheaper to build with a plastered and painted render, long-term facing bricks will work out cheaper.
Basement
Building a basement or cellar impacts the total fee of building a Costa Blanca house, making it pricey, but it will improve the insulation of the ground floor and provide the home with additional space. However, adding a basement to a home is expensive for what you get.
Summary
Let’s suppose that you have a limited budget and would like to build a 150m2 home. The best option is a house with a square volume, two floors, a flat roof, and an ordinary hollow brick rendered painted facade.
A build like this on the Costa Blanca would cost roughly €1.100/m². If you were to build extra spaces like terraces, add a sloping roof and go for high-quality finishes, you would be looking at about €1,300/m². Adding a basement would up the cost to about €1,500/m².
This post is intended as a rough guide only. To tell you exactly how much building a home will cost, we will need detailed information on your requirements. Contact us today, and we’ll work out how much you need to budget for your dream home.