The cost of a private house in Mallorca and what does it cost the builder.

The decision whether to acquire an object on the existing real estate market or whether you should plan and build your own house, can not be accepted by anyone. However, the future homeowner can rate both alternatives to define his approach. The ability to design your own home or to create a marketable product as a developer often suggests the argument of immediate purchase or availability in the case of a home purchase. But the decisive reason for a client to build his own house, with all the conditions and consequences, is the cost factor. The client can get a personal and good product. This equals more benefits for less money.

The client in this case is guided by the pursuit of profit and increase of his assets, which emphasizes the control and control of costs, the personal development into a building object, the interpretation of the question of the meaning of his life and the definition, What you need on the surface to feel good.

Cost plan: Every building project should have a clear and comprehensible cost calculation from beginning to end, which arises parallel to the various planning phases. To this end, it would be advisable for the client to consult either an independent specialist or an architect with many years of local experience in the determination of construction costs and the awarding of the construction work, and if necessary to commission them. The skilled person controls the costs and their development in order to obtain a cost plan, which should not be deviated from during the entire planning and construction period.

The first step is to create a cost estimate of the overall project, which should include all possible cost assumptions. The builder can support and justify his decision on the degree of equipment and scope of the house and its outdoor facilities with this tool. The thus determined project budget is the basis for the architect, for the bank and for the contracts with the necessary planning and construction participants.

The value of a piece of land is not only the total price or the m2 price, but above all depends on the building density and the developability. The timely and inexpensive acquisition of a building plot is crucial in the overall consideration of a cost calculation. Especially today, there is a shortage of the better land in the southwest of Mallorca, which will certainly lead to resorting to other coastal areas or land inland.

Assessment of the construction costs: According to the design draft, the construction costs should be adjusted on the basis of m2 prices and subsequently released. The building owner receives a market-oriented estimate of the construction costs, if on the basis of the present planning and a meaningful building description, cost offers are obtained from 2-3 known construction companies.

The disillusionment about the construction costs usually comes fast enough to react accordingly and appropriately to the further execution planning. The project can now be changed in quantity and quality and adapted to the original budget. The more precise the specifications, the better the results of the Spanish planners and companies.

Costs: Through the implementation planning and the definition of the award form, the client is enabled to obtain cost quotations from various construction companies and to award the construction work together with his consultants. This section is of the utmost importance to him and to the contractors, as the success of the project depends on the correct allocation. The client should be present in all crucial awarding talks and have understood the results and compared them with the performance offers.

Depending on the negotiating skills and the accuracy of the bid, many costs can be reduced. The client is recommended to consult a German-speaking professional and not to leave the award exclusively in the hands of the Spanish architects. In contrast to Germany, the award of construction works is not a basic service of the Spanish architect according to the fee structure.

Cost control: During the construction, all budget bills of the companies should be checked and released by the site manager and the cost-responsible architect. Cost tracking and cost control should be used in an appropriate style. The resulting fees are amortized by a consistent cost control and give the client the opportunity to wait in peace and serenity for the realization of his house and the beautiful sides of the island of M