When people look at buying an old “rustico” it is obviuos that one of the first questions they ask is “How much will a renovation/new build cost?
Of course it depends on several things: The location, the current status of the building, choice of materials, size of the house, etc
Initially it will therefore be an estimate. A bit further in the proces you will receive a “computo metrico” (bill of quantaties) and this will be very accurate.
However, if you calculate a sqm price of € 1.200,00-1.400,00, you will not be surprised when you receive the accurate budget. Please bear in mind that this ex VAT (10%).
This includes a complete renovation, where basically everything is taken down and rebuild by professional local Italian craftsmen. The work will be done with the outmost respect for the original charm and features of the house.
In other words an old stone house brought up to todays standards including a pool 6×12 meter.
The rebuilding normally takes 8-10 months.
If it is a complete new build, the sqm price is higher. You should expect an average sqm price of € 2.100,00-2.400,00. This also includes a 6×12 meter pool.
Building a complete new house normally takes 14-16 months to complete.
Buying the project – approximately € 150.000,00
Fees to the notary/taxes to the government approximately € 10.000,00
Fee to Jesper Remo € 10.000,00
Geological rapport € 2000,00
Building permission € 15.000,00
Engineering € 4000,00 euro
Geometre (architect) € 18.000,00
Renovation of 180 m2 luxury house including 6×12 meter pool € 252.000,00
Total amount € 461.000,00
In my opinion you get more “value for money” if you build yourself in stead of buying an already finished house. Therefore I can only recommend that you think twice before buying a finished house. Building yourself can save you a lot of money and the house will be tailormade exactly to your specifications.
With me living in the area, you do not have to worry about anything during the building process. I will handle all the details on your behalf.
I always have new interesting projects so please don’t hesitate to contact me. Not all our projects are displayed here on the website.
Please remember, that you can start the building process whenever you want. Finding the right location is the key. You can leave it for as long as you want before you start building.
The above mentioned figures are only estimates.