Real Estate / Cost of construction per square metre [15]

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.

Real Estate / Cost of construction per square metre [15]

Why, is there no demand anymore?

Real Estate / Cost of construction per square metre [15]

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.

Real Estate / Disparity between land prices and retail price. [10]

Ahhh! I have Polish nationality.

Real Estate / Cost of construction per square metre [15]

Are you talking about retail or construction costs?

Do you have a link to that thread?:

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.

Real Estate / Disparity between land prices and retail price. [10]

OK, I'm looking to the South of Krakow for land. The only reason I asked about construction costs is because I'm trying to assess what kind of factor the land price has in total development cost. As far as I can see, presently it is negliable. The development cost (even if it is as low as 500€ per m2) far out-strips the land cost.

There are some great building plots, budownictwo, around. What do you think about speculating on some which are part budo and part rolna to hold 10-20yrs? How difficult is it to get planning permission on the rolna part of a plot once you've built/ sold the budo part?

Real Estate / Cost of construction per square metre [15]

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.

Real Estate / Disparity between land prices and retail price. [10]

Thanks Krzysztof,

Your experience gives me a sense of perspective on the situation. By the way, your mayor sounds like a right sh#t!