House construction costs per cubic meter Netherlands, by type of ownership 1990-2022

In 2022, the average cost of building a new rental house in the Netherlands reached 360 euros per cubic meter. Building owner-occupied property was slightly cheaper to construct. The source mentions that the numbers concern an average on granted building permits for newly to be constructed homes with a total construction cost of more than 50,000 euros (excluding taxes over the last 12 months). Permits which combine living areas with holiday homes and/or offices were not counted. Note that no numbers were provided on renovation. Nevertheless, increasing construction costs might be a reason why the Dutch construction sector felt consistently more confident than its European counterpart.

What is the market size of the construction industry in the Netherlands?

As of 2016, the Netherlands had over 175,000 active construction companies. These companies were either active in the construction of buildings or development of building projects, civil engineering or were involved in specialized construction activities. One of the more internationally well-known Dutch construction firms is BAM, which is also active in Belgium, the United Kingdom, Ireland and Germany with project deliveries in Denmark, Luxembourg and Switzerland. The revenue of the Royal BAM Group reached a value of 7.3 billion euros in 2021.

How much do you pay for a house in the Netherlands?

Utrecht was one of the provinces in the Netherlands with the highest price for a single-family house. It is also important to look at the different prices in Dutch cities, as they can vary significantly. Residential property in Amsterdam, cities surrounding the Dutch capital (such as Haarlem) or Utrecht sold for much higher prices than a house in, for example, Rotterdam. This might be a reason why Rotterdam had one of the highest market share for buy-to-let mortgages (a British term that refers to private investors who purchase property so they can rent it out, essentially a capital investment from the landlord).