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House construction costs per cubic meter Netherlands, by type of ownership 1990-2018

Average construction costs per cubic meter of houses in the Netherlands from 1990 to 2018, by type of ownership (in euros)

by Raynor de Best, last edited Sep 9, 2019
House construction costs per cubic meter Netherlands, by type of ownership 1990-2018 How much does it cost to build a house in the Netherlands? In 2018, the average cost to construct new rental property was around 300 euro per cubic meter. Owner-occupied residential real estate was slightly cheaper. 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 7.2 billion euros in 2018, the highest value since 2015.

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

A single-family house in the Netherlands costed around 331,000 euros in early 2019. This is a national average, though, as there are large differences among the Dutch cities. 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 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).
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Average construction costs per cubic meter of houses in the Netherlands from 1990 to 2018, by type of ownership (in euros)

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