Construction cost: Apartment buildings – Nicosia (2026)
Indicative cost per m² for Apartment buildings – Nicosia: from €880 to €2,020 excluding VAT, depending on the build level. Breakdown by stage and what affects the price.
| Level | €/m² excl. VAT | Example: 1200 m² |
|---|---|---|
| Basic | €880 – €1,120 | €1,056,000 – €1,344,000 |
| Good | €1,140 – €1,460 | €1,372,800 – €1,747,200 |
| Premium | €1,580 – €2,020 | €1,900,800 – €2,419,200 |
Indicative prices 2026-10 for a complete building (frame to finishes), excluding VAT, land, design and permits. Not a quote.
Cost by construction stage
| Stage | % | Example: 1200 m² | Professionals |
|---|---|---|---|
| Earthworks & foundations | 10% | €156,000 | Foundations |
| Structural frame (concrete & rebar) | 24% | €374,400 | Concreting |
| Masonry & plastering | 11% | €171,600 | Masonry |
| Roof, insulation, waterproofing | 8% | €124,800 | Thermal insulation |
| Electrical | 10% | €156,000 | Electrical |
| Plumbing, heating, air conditioning | 13% | €202,800 | Air conditioning |
| Windows & glazing | 9% | €140,400 | Aluminium frames |
| Flooring, painting, joinery | 15% | €234,000 | Tiling |
Additional costs
- Swimming pool (about 32 m²): €28,000 – €55,000
- Solar PV 10 kW: €9,000 – €13,000
- Lifts: €26,000 – €38,000
- EV charger: €900 – €1,600
- Basement: €800 – €1,150 / m²
- Design, supervision and permits: ~8%
FAQ
How much does it cost per m²?
For Apartment buildings – Nicosia the indicative cost is about €1,000 (basic), €1,300 (good) and €1,800 (luxury) per m², excluding VAT, design fees and land. The actual price depends on the drawings, the ground and the specifications.
How much does a typical project cost?
For about 1200 m² at a good level, the construction cost is about €1,560,000 excluding VAT, ranging from €1,372,800 to €1,747,200. Design, supervision and permits add about 8%.
How do I get an exact price?
Upload the drawings or the bill of quantities in a request. Contractors in your area price the same lines, so you can compare quotes side by side. The request is free.