[Anonymous]

We are planning to purchase a plot of land in the Mijas Coasta area this summer with the plan to build a villa of around 150/200Sq.m on two floors. Can anybody give me an indication of the current Sq.m building costs so that I can budget before I commit.

[Anonymous]

@jonstew wrote:

We are planning to purchase a plot of land in the Mijas Coasta area this summer with the plan to build a villa of around 150/200Sq.m on two floors. Can anybody give me an indication of the current Sq.m building costs so that I can budget before I commit.

Just had a guide price from an estate agent. Quoting approx 2,700 Euros Sq.m to include all fees and IVA. This seems very high perhaps I should go into the building trade. Any thoughts out there !!!

JS

[Anonymous]

Hi jonstew

I cannot give any advice on the actaul build costs as I’ve never done it myself BUT I do know of many who have and not one of them EVER ended finishing to the original figure, they all went way over the original quotes (these where all in Spain, Via developers, Agents and private builders) and some where over by as much as 25% 😯
No mater what quotes you receive and who ever you go with PLEASE be very careful of going ahead if the final quote is close to your maximum budget.

[Anonymous]

Typical current building costs are quoted at between €500 and €1000 per sq m, depending on your spec, access restrictions, ground conditions etc. On top of that you will have architect’s fees, planning / licence fees, site investigation costs etc etc, the total of which could come to 20% of the total build costs.
By spending the time now before you commit to get as many quotes as you have the time and patience to source you could save yourself a lot of € in the long run.
A good architect will save you his/her fees too in the long run if employed to do the leg work, oversee the works etc.
Always budget top end (unless you’re planning to do a lot of the work yourself or buy materials yourself or project manage yourself) and allow yourself a good contingency fund too!

[mariadecastro]

THe price of the m2 varies depending on the town- planning, the local development framework….

It is good to use expert assistance of a planning Lawyer or an architect located in the area and with some acquaintance with the floor market in order to get more accurate estimations. The managements involve: market research and the study of those planning instruments´ too.

Best,

[Anonymous]

Thanks for these replies all info is useful. I must say that we have had an apartment on the CDS for 17 years now but never, until now, have we looked into the building process. We want to move out in 2 years time.

I thought there was a lot of red tape in the UK, but it seems that this has caught on in Spain now as well. Although I suppose it is for the good in the long run.

Keep the info and advice coming all gratefully received.

Jonstew

[Anonymous]

Sorry Jon, but I think you’ll find that the red tape is FAR FAR worse here than it could ever be in the UK!

You need licences for everything from building a new house from scratch to simply painting a room inside your home (in theory, although I haven’t actually met anyone who has amitted to getting the painting one yet 😀 ) and I think here there are about 5 different types of licences and you are meant to know without asking which one to apply for, some take 30 mins, others months!

Good luck….

Heather

[Author]

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