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

In 2018, the average cost of building a new rental house in the Netherlands was close to reaching 300 euros 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).

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

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Source

Release date

August 2019

Region

Netherlands

Survey time period

1990 to 2018

Special properties

* concerns MAT for the year (January-December), as source changed methodology

Supplementary notes

The average construction costs per cubic meter is a calculation of the total build costs divided by the total volume for which a build permit was issued. The source assumes that the permits issued are for newly constructed residential property only.

Excluded from these figures are build permits that allow for the construction of certain combinations of residential real estate, namely the construction of both rental and owner-occupied houses, residential real estate with other (commercial) buildings, residential units and recreational real estate.

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Statistics on "Real estate construction in the Netherlands"

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