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Construction cost: Offices & Retail – Nicosia (2026)

Indicative cost per m² for Offices & Retail – Nicosia: from €970 to €2,240 excluding VAT, depending on the build level. Breakdown by stage and what affects the price.

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Level€/m² excl. VATExample: 800 m²
Basic€970 – €1,230€774,400 – €985,600
Good€1,280 – €1,620€1,020,800 – €1,299,200
Premium€1,760 – €2,240€1,408,000 – €1,792,000

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: 800 m²Professionals
Earthworks & foundations10%€116,000Foundations
Structural frame (concrete & rebar)24%€278,400Concreting
Masonry & plastering11%€127,600Masonry
Roof, insulation, waterproofing8%€92,800Thermal insulation
Electrical10%€116,000Electrical
Plumbing, heating, air conditioning13%€150,800Air conditioning
Windows & glazing9%€104,400Aluminium frames
Flooring, painting, joinery15%€174,000Tiling

Additional costs

FAQ

How much does it cost per m²?

For Offices & Retail – Nicosia the indicative cost is about €1,100 (basic), €1,450 (good) and €2,000 (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 800 m² at a good level, the construction cost is about €1,160,000 excluding VAT, ranging from €1,020,800 to €1,299,200. 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.

In other areas

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