Before a home crisis crossing the borders, Spain attacks with special power, buying 54% with some autonomous communities, with a price of 94% and 54% in the last decade, with prices that do not stop rental and housing rental Experiences up to 176% increases in the same decade- Young people and families seek alternatives to become free of their own home.
In this context, two experts, lawyer Andres Millan and architect, have created a video to explain the costs of building a private home in Madrid’s suburbs, including additional tax and expenses. To do this, they take into account different items up to the land and preliminary studies, up to professional fees, Construction cost, and urbanization of the plot.
The urban sun in Madrid’s engines
In the practice, experts put us in the Casuististista who wants to build a 150 -mi house in the suburbs of Madrid. “Well, a urban conspiracy to build a 150 m² house is about 150,000 in the outskirts of Madrid, but you need to add 6% IDP, which is 000 9,000,” the sauce explains. However, he clarifies, all this is that if you buy it from a person, because it is a company, “21% wat and 1% more documented legal actions apply.” In addition, we need to add the notary and record of the plot, which will be around € 100 with 21%VAT.
Geological Technology and Landscape Inspection
However, experts point out that it is important to know how the ground is like before starting the work. They explain that “geo technology and landscape inspection may be about € 2000 and VAT € 21% 2400” and recommend not to buy the plot without these studies. Evesto should add paperwork, work license, IO, construction tax and other permits. “Here is about 000 12,000 without even a brick.”
The fee of architects
Experts say that all those listed are important to include experts’ fees (architects, Rigor, Health and Security Coordinator …) on the list of expenses to be considered. “Approximately, 000 23,000 adds more. Of course, 21%wat, total, 000 28,000”
Body construction
Now, it is time to raise the house. When analyzed by experts, the average qualities are pulled under the inferior, and when the land is flat and simple, they are “232,000 and watt”. This is:
- 10% watt if built as regular housing. With this watt, a total of 5,000 will be 255,000.
- 21% watts if it’s not familiar home.
However, apart from the house, they explain, “You have to do the urbanization of the plot, the perimeter fence, the garden, the urgency, the accountants.” “Here are the other at least € 30,000 and watt, at least 10%, total, 000 33,000 “. Experts say, “If you want to take a bath in the summer, another, 500 18,500 and watt 21%, a total of 5 22500.”
Furniture and equipment
Finally, offering the house with an average quality of “about 000 25000 and its VAT 21%”. The results are that “Not in Madrid to build your house, but by 2025, you will spend 525,000 euros in the suburbs.”
Additional Costs: Insurance, Waste Management …
Of course, although the costs do not end here: “There are many additional costs, such as insurance, waste management, temporary goods, first career license and writing of the new construction announcement, and they may come out for another € 8,000, and you will need unexpected events without 10%.” Experts advise to calculate € 25,000 more.
Proposed solutions
Experts recommend that possible action for lower homes The exemption from the taxes for purchase of the first house like ITP may be 10%.
