Construction cost: Hotels in Cyprus (2026)
Indicative cost per m² for Hotels: from €1,320 to €3,140 excluding VAT, depending on the build level. Breakdown by stage and what affects the price.
| Level | €/m² excl. VAT | Example: 3000 m² |
|---|---|---|
| Basic | €1,320 – €1,680 | €3,960,000 – €5,040,000 |
| Good | €1,760 – €2,240 | €5,280,000 – €6,720,000 |
| Premium | €2,460 – €3,140 | €7,392,000 – €9,408,000 |
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: 3000 m² | Professionals |
|---|---|---|---|
| Earthworks & foundations | 10% | €600,000 | Foundations |
| Structural frame (concrete & rebar) | 24% | €1,440,000 | Concreting |
| Masonry & plastering | 11% | €660,000 | Masonry |
| Roof, insulation, waterproofing | 8% | €480,000 | Thermal insulation |
| Electrical | 10% | €600,000 | Electrical |
| Plumbing, heating, air conditioning | 13% | €780,000 | Air conditioning |
| Windows & glazing | 9% | €540,000 | Aluminium frames |
| Flooring, painting, joinery | 15% | €900,000 | 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 Hotels the indicative cost is about €1,500 (basic), €2,000 (good) and €2,800 (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 3000 m² at a good level, the construction cost is about €6,000,000 excluding VAT, ranging from €5,280,000 to €6,720,000. 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.