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Cost of construction per square metre


posts: 17
 
izzy
  Sep 10, 07, 15:00  #1

What is the cost, per square metre, for constructing flats of an average to good internal finish? The area in question is a Krakow satellite town and the total size of the development is 2000m2.
I've read that office space construction is approx 750€-1150€ per m2 and industrial 150€-300€ per m2 but no info on flat developments.

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Wroclaw
  Sep 10, 07, 15:09  #2

I'm not sure what you mean. A finished flat or house means finished up to the point where the kitchen, bathroom, flooring can be fitted.

Are you talking.. beyond this... meaning, able to live in.

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izzy
Edited by: izzy  Sep 10, 07, 15:14  #3

I'm talking about building a development of 20 flats for sale. The flats therefore would have internal fittings such as bathroom, kitchen and flooring. I am not talking about furniture like beds, chairs etc.
The total size of the development is 2000m2.

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Grzegorz_
  Sep 10, 07, 15:20  #4

Quoting: izzy
I'm talking about building a development of 20 flats for sale.


You are a few years too late.

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izzy
  Sep 10, 07, 15:25  #5

Why, is there no demand anymore?

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Wroclaw
Edited by: Wroclaw  Sep 10, 07, 15:25  #6

Quoting: izzy
The flats therefore would have internal fittings such as bathroom, kitchen and flooring.


You do realize that this is an additional cost, Yes ?

Expect to pay anywhere from 7,000 to 12,000zl per sq metre... and as much as 20,000

It really depends on the area.

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izzy
  Sep 10, 07, 15:32  #7

7000zl is 1,800€ per metre square. This I find hard to believe as I am near completing a building project in Greece, where the average construction cost is 1000€ m2 and average salaries are over 2x higher than Poland.

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Wroclaw
  Sep 10, 07, 15:39  #8

Quoting: izzy
7000zl is 1,800€ per metre square. This I find hard to believe


Read the property threads. In Wroclaw Rynek you would pay 25,000 zloty and that is last years price.

Now you understand Grzegorz, I think.

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izzy
  Sep 10, 07, 15:40  #9

Are you talking about retail or construction costs?

Do you have a link to that thread?:

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izzy
  Sep 10, 07, 15:42  #10

PS: we've currently got the builders in our Polish home to build an extension, so I'll ask our builder what his rate is tomorrow, just doing some homework.

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Wroclaw
  Sep 10, 07, 15:43  #11

Quoting: izzy
Are you talking about retail or construction costs?


That's buying the finished property.

I'm useless with links. Please, look at the main board.

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Wroclaw
  Sep 10, 07, 15:45  #12

Quoting: izzy
I'll ask our builder what his rate is tomorrow,


Please post his estimate. It might help others.

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izzy
  Sep 10, 07, 16:08  #13

Ok.
I can tell you now that the extension (80m2) conversion of top floor, with two fully fitted and tiled bathrooms, central heating radiators, solid wood flooring, solid wood staircase and two bedrooms is 20,000€ all in. This includes all materials, fittings and work (building/ joinery/ plumbing and electrical).
Area is Malopolskie.

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Wroclaw
  Sep 10, 07, 16:15  #14

Thanks,

like I said... it might help others.

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steve d
  Sep 18, 07, 04:28  #15

We're looking to build some property in Warsaw and wouldn't expect the cost ( to builder's finish ) to cost more than PLN 2,500- 3,000 / sq.m.

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jkchambers
  Sep 18, 07, 07:54  #16

Flats would normally be sold in basic condition with no fitted kitchen or bathroom suite. I calculate building cost per m2 sellable. This would be around 70% to 75% of the gross buildable area ie net of hallways etc. I think most would work on 3500zl to 3700 zl per m2 sellable. With gross area of 2000m2 net sellable at say 73% = 1460 @ 3700zl = 5,402,000 zl.

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fmk [Guest]
  Oct 6, 07, 07:38  #17

i have a project in poland of 3 buildings - 800 m2 each with 8-9 flats. the estimate i have received for construction is 2,500 pln/m2. this excludes stairways, basement, etc. If you include all that it comes to around 4,000 pln/m2 over the 800 m2.

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