Construction Costs for building a house on Crete

Below information were kindly provided by our strategic partner 'The Builder', a Cretan construction company.

Now that you have decided to live in beautiful Crete Greece, 'The Builder' can help you. 'The Builder' is Crete's finest construction company that can tell in detail the costs of your new dream; if it is now a:

House
Villa
Apartment
Stone House
Restoration Project
Beach House
Cottage
Hotel or
Development

Construction Costs vary from project to project and from region to region be it Apokoronas, Akrotiri or Kissamos, yet 'The Builder' will make sure that you get value for money every time and the cost to manufacture a residence requires specialized knowledge, special negotiations and a lot of secrets. We recommend not to be the contractor of your house, because the economy result can be very expensive for you. Of course construction has his advantages and you can manufacture the house that covers your needs and meet your aesthetics. However, do not forget, that the engineers and the craftsmen know their work, that's why it is good for you to assign the work to the experts. With regard to the cost that you would have, it can be also more expensive, if you negotiate with the various individual work-shops and it's always possible to buy a bad construction. The supervising engineer who will be remunerate for this order has an important role in right construction. He defends your interests and protects your manufacture. Nevertheless, if you decide to build alone, below you are prepared and informed about the proportionally costs in all stages of building.

'The Builder' undertakes at no cost to you an initial site inspection of your land and you can sit down and speak with their inhouse architects about the design and construction of your new project.

To make sure that you investment is safe and secure we recommend that you use a recognized construction company like 'The Builder' to give you peace of mind.

The INDICATIVE COSTS (including work) of a simple construction of a 110 sqm house are around 1050.40 Euros/sqm (total 115,544.00 Euros). Without the calculation of the value of the plot and the configuration of land space.

* Study and Publication Building license 4% 4,621.76 Euros
* Excavations-of excavation 2% 2,310.48 Euros
* Skeleton of Armed Concrete 19% 29,553.36 Euros
* Stonework – Bricks etc 4% 4,621.76 Euros
* Plasters 6% 6,932.64 Euros
* Insulation Globally 3% 3,466.32 Euros
* Glass panes 3% 3,466.32 Euros
* Smithy (banisters etc) 2% 2,310.48 Euros
* Frames – Doors - Wardrobes etc 7% 8,088.08 Euros
* Marble works 3% 3,466.32 Euros
* Floorings 8% 9,243.52 Euros
* Electric installation 5% 5,777.20 Euros
* Furniture's of Cooker 5% 5,755.20 Euros
* Paintings 7% 8,088.08 Euros
* Types of Hygiene – Tiles - Taps etc 5% 5,777.20 Euros
* System of Heating 4% 4,621.76 Euros
* Installation of Water supply – Drainage - Gas 5% 5,777.20 Euros
* Various Work (Fireplace etc) 3% 3,466.32 Euros
* Remains works 5% 5,777.20 Euros
TOTAL COST
100%
115,544.00 Euros

As mentioned above this indicative costs are for a simple construction. In average all our previous customers in 2005/06 have chosen a design/configuration quoted at min. 1,200 Euros/sqm.