Building your own home is a major step that requires careful planning and significant investment. One key issue is the cost of construction, which can vary significantly depending on location. In this article we will look at the approximate costs of building a house with an area of 150 sq.m. in three different regions: Georgia, Phuket and Northern Cyprus.
Cost of building a house in Georgia
Georgia is a country with a rich culture and beautiful natural landscapes, making it attractive to those seeking a quiet life in a picturesque setting. Building a house in Georgia can be quite affordable compared to other regions.
- Land cost: $20 – $50 per sq.m.
- Construction materials and labor: $500 – $700 per sq.m.
- Architectural and Engineering Services: $3,000 – $7,000
- Connection of communications (electricity, water supply, sewerage): $5,000 – $10,000
- Total: $83,000 – $122,000
Advantages of construction in Georgia
- Low Cost of Living: Products, services and taxes are significantly cheaper in Georgia than in Western Europe or North America.
- Favorable climate: Mild winters and warm summers create comfortable living conditions.
- Developed Infrastructure: Availability of good roads, hospitals, schools and other important infrastructure facilities.
Cost of building a house in Phuket
Phuket, one of Thailand’s most popular tourist islands, is also attracting the attention of those looking to build a home in a tropical paradise. Construction costs here may be higher due to the demand for land and materials.
- Land cost: $100 – $200 per sq.m.
- Construction materials and labor: $800 – $1,200 per sq.m.
- Architectural and Engineering Services: $5,000 – $10,000
- Connection of communications (electricity, water supply, sewerage): $7,000 – $12,000
- Total: $132,000 – $212,000
Advantages of construction in Phuket
- Picturesque Beaches: Phuket is famous for its white beaches and crystal clear waters.
- Tourist infrastructure: Developed infrastructure for tourists, including restaurants, shops and entertainment venues.
- Favorable climate: Warm weather all year round makes Phuket attractive for permanent residence.
Cost of building a house in Northern Cyprus
Northern Cyprus offers a unique mix of cultures and a favorable climate, making it attractive for housing development. Here you can find great deals on land and building materials.
- Land cost: $40 – $80 per sq.m.
- Construction materials and labor: $600 – $900 per sq.m.
- Architectural and Engineering Services: $4,000 – $8,000
- Connection of communications (electricity, water supply, sewerage): $6,000 – $11,000
- Total: $100,000 – $154,000
Advantages of construction in Northern Cyprus
- Cultural Diversity: The combination of Eastern and Western traditions creates a unique atmosphere.
- Favorable climate: Warm winters and hot summers are ideal for year-round living.
- Affordability of housing: Relatively low prices for land and construction compared to Southern Cyprus and other European countries.
Conclusion
Construction of a house with an area of 150 sq.m. may vary significantly depending on region. It is important to consider not only the cost of construction, but also additional costs, such as connecting to communications, paperwork and taxes. Choosing the right location and careful planning will help you realize your dream of owning your own home at the best possible cost.
When planning construction, pay attention to local laws and regulations, as well as living conditions in a particular country. Each region has its own advantages, which may be decisive for your choice.
