Building your dream home in Mallorca gives you the chance to design a perfect space tailored to your lifestyle. However, constructing a house always comes with uncertainties—especially when it comes to budgeting. In Mallorca, while the purchase of a plot and the building work itself account for the majority of expenses, many additional costs can be easily overlooked.
How much does it cost to build a house in Mallorca?
If you are considering building a house in Mallorca, you may wonder about the costs. This question can be challenging to answer. Every project has unique requirements. However, common factors significantly influence costs.
Robinson Architectural Design & Building specializes in construction and renovation services. Paul Robinson and his expert team understand your vision. Our goal is to save you time and money. We make the right suggestions throughout the building process.
We provide honest advice for your build or renovation. This approach ensures maximum value at each project stage. Moreover, we help you avoid unnecessary expenses.
Understanding Your Total Budget
From the very beginning, it’s essential to control your budget with the guidance of an experienced professional. In Mallorca, construction costs for a new build typically range between €4,000 and €6,000 per square meter. For example, if you’re planning a 150 m² home, you might expect construction expenses of roughly €600,000 to €900,00—before adding in the price of the land. Many projects settle around €5,000 per square meter, which for a 150 m² home translates to approximately €750,000 in construction costs alone.
Taxes & Licenses
Beyond the basic construction work, you must consider several other expenditures:
- Professional Fees:
Architects, land surveyors, and builders typically add an extra 8–15% to your overall budget. For instance, architect fees can range from 7% to 12% of the material execution budget. - Taxes & Licenses:
In addition to the construction costs, various fees are involved. These include:- Town Hall Licenses and Permitting Fees: Depending on the municipality, these can add around 2–3% of the project cost.
- Land and Property Registry Fees, and Notary Registration Costs: These fees often add another 1–2%.
- VAT: New residential construction typically carries a reduced VAT rate of 10% (as opposed to the standard 21%), but always verify the applicable rate with your consultant.
Other Variables Influencing Your Budget
Your total construction budget depends on several factors:
- Land Characteristics:
The topography and inherent qualities of your plot (flat versus sloped, rural versus urban) can affect the foundation and overall costs. - House Design and Layout:
Custom layouts or additional features (such as eco-friendly systems or bespoke finishes) may push costs toward the higher end of the range. - Material Choices:
Higher-quality or imported materials can increase the per‐square‐meter cost. For instance, while a standard build might cost around €4,000/m², opting for luxury finishes might push that figure above €6,000/m².
Renovating a Home in Mallorca
If you’re considering renovation rather than a new build, be prepared for a different cost structure. Renovations in Mallorca can sometimes run 10–20% higher per square meter than new construction—often due to the need to address hidden structural issues or to source specialized craftsmen. This means renovation costs might range from approximately €1,500 to €2,000 per square meter depending on the extent of the work required.
Robinson Architectural Design & Building: Your Trusted Construction Company
Choose Robinson Architectural Design & Building for your renovation needs. Our experienced team will guide you through each stage of your project. Paul Robinson and his specialized contractors know Spanish building laws and regulations. We also understand local business customs, which can be challenging to navigate. Trust us to make your renovation in Mallorca a smooth experience.
