How Much Does It Cost to Build a House? The Step-by-Step Process

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As we have already mentioned, here we deal with the construction process, without incurring the costs of licensing, topographical surveys, loans, imposed project costs or other expenses. However, take note of their existence and include them in your budget.

For those who do not have their own land, the process of building a house begins with purchasing the land, and then the headaches begin.

If you buy a subdivided land, you will have some basic infrastructure, such as electricity and sewage, among others, already installed. On a non-allotted land, these infrastructures will have to be paid for by you. You can also buy land with an approved project (normally included in urban developments) but you are limited in what you can build (you cannot deviate from the approved project). However, as you already have approval, this is no longer a problem.

In Portugal, as in any country, land values vary greatly, but it is known that inland values are lower. Another factor that causes values to vary is the proximity to cities, especially large population centers. This means that a house in the interior of the country, in a village will be the cheapest option, and that if you have a smaller budget you will probably have to move away from the cities to realize your dream of building your house.

In some places the value of the land can even represent 50% of the value of the house, as prices vary from 18 Euros per square meter inland to more than 1500 Euros per square meter in exclusive areas by the sea (bear in mind that these are indicative average values).

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