If you’ve ever wondered how much a square meter costs and what factors make it more expensive or more affordable, this post will answer all your questions. Keeping these indicators in mind will help you estimate the total cost of your project and include it within your costs of buying a home.
In addition, at the end of the article, we will tell you how much it costs the square meter in the provinces of Malaga, Cordoba, Seville and Cadiz.
In this post, we delve into:
What is a square meter of construction?
The square meter (m2) is the preeminent measure of the real estate market. Knowing the square footage of a house we can find out the price of the same. Is the surface unit of the International System, equals the area of a square whose sides measure 1 meter.
We can differentiate three types of square meters:
- Helpful. Is the space of the house that is used and can be taken advantage of.
- Built. Is the entire space within the home, including the walls and structural elements.
- Built in the common areas.
Factors that influence the price of a square meter of construction
Surely you've ever wondered what it depends on its price. There are several factors that can change the price per square meter built. These are some of them:
Fees and taxes
Depending on the place where you want to position the property, the fees and taxes will vary. Usually, all of the real estate market is directly dependent on the part of tax, in the same way, the price of the square meter, established in Spain in a given moment in time. We can find tax as the Tax on Constructions, Installations and Works, writing for new construction etc
The type of the project
Logically not valued as a project with an innovative design that you need things that are not common or design is very personalized. This will have a cost higher than that of the project as usual. You will not have the same price a home designed by a renowned architect, a specialist in the construction of a modular house moderna, a rural estate or a basic design.
And, of course, questions arise when you know How much does an architect charge in Spain. It must be clear that the price of the architect will depend on the project of reform, that is to say, what parts it contains the same including the following common points:
- Flat
- Memory of project
- Studies of safety and health
Materials
The type of material determines in large part the final price, as the price difference between a specific material, and the other can be very large. It is not the same of a simple brick wall the marble Portoro. Each type of material has its own cost per square meter, so this is one of the key indicators.
Price per square metre of construction by type of work
If we broke down the budget of a work in two large batches, we can differentiate between different types of work listed below.
Work fine
This type of work is characterized by the use of delicate elements and final finishes that can be observed with the naked eye. Such as siding, flooring, painting, glass, ceramics.
In addition, it includes facilities, such as electric, gas, sanitary, air conditioning, heating. Regardless of the type of work we have to take into account the quality of materials that we will use, as they directly influence the price.
We can not say with certainty, but broadly speaking, the value per square meter of construction varies between 850 and 1050 euros.
Structural work
The base of the building, the structures that give support to the housing receives the name thick piece. In this case, we will make use of materials such as brick, cement, iron for the construction of foundations, pillars, slabs. The price in this case tends to be more homogeneous, about round between the 650 and 750 euros.
Single family home
This type of work tends to be more expensive compared to others. This is due to a more personalized service, indications of more specific and detailed by the clients. The price for this is usually between 1500-1800 € / m2.
Another important thing to keep in mind is the situation of the work since that will vary the price of the same depending on whether you're in a province other of Andalusia, in this way we have that:
Price per square metre of construction in Malaga
The price of square meter of housing exempt published by the official college of architects of Malaga is 1.546,27 euros/m2.
Price per square metre of construction in Seville
The price of square meter of housing exempt published by the official college of architects of Seville is currently of 1348,27 euros/m2.
Price per square metre of construction in Cadiz
The price of square meter of housing exempt published by the official college of architects of Cádiz currently 1.124,73 eur/m2.
Price per square metre of construction in Cordoba
The price of square meter of housing exempt published by the official college of architects of Cordoba is currently 1081,78 euros/m2.
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Conclusions
To finish this article and referring to the news that come out in the media. We would like to refer you to a report released by RCA in 2021, which indicates the direct costs of construction in residential buildings went up by 23.5% compared to the year 2020, and since then they have not managed to stabilize.
In this report, we can see the climbs are so important in the price of the glass of 49.2 per cent or, in the case of the facade and the inner partitions with an 18% or 26.8%.
This rise is related to the increase in the price of raw materials, energy, transport, the COVID-19 and now also the war in Ukraine.
The context of uncertainty, fueled by geopolitical tensions makes it difficult to anticipate the behavior of prices in the coming months, although it seems unlikely to happen downs in the medium term as the market is also recovering losses caused by the year of confinement lost.
't mind that you do not lose sight of the reasons why you have decided to build a house and get a quality job that will fit perfectly to your budget.
