To take out a mortgage will cost you, first the amount you need to
borrow, plus around 20% on top of that, plus the mortgage fee which is
about 1% of the total. So, if you borrow
£100,000, you'll be paying
back around £120,000, plus the mortgage fee of
£1,200
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The Building Licence
The Town Planning Department and each Municipality charge an average of
£500 for the building licence and the building permit.
Services
In addition to the costs mentioned above, you will also have to pay for
provision of Water, Sewerage, Electricity and Telephone installation.
These should total no more than £1,500.
Garage, Landscaping etc
A garage will cost around £5,000, while landscaping an average plot can
start from £10,000 and will depend largely how prestigious you want your
garden to look. A pool will start at £10,000 for a small one
Overall Building Costs
These are an average, and we have seen very much higher costs than
these recently.
£600 per square metre for covered areas
£150 per square metre for uncovered verandas
£250 per square metre for basements
Add another 15% onto the total for VAT for any new houses built after EU
accession
Of course, if you are having a house built by a developer, then all
these costs will be built into their overall price.
