building costs

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besagnota

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Oct 21, 2006
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Hi,

Have been to Puerto Plata a couple of times and am seriously thinking of taking the plunge. Have found land but how much is it going to cost to build? I know it's a bit like "how long's a piece of string?" but what should I be looking to pay to build a four-bedroomed villa (about 150 sq.m.)? I am in contact with some local builders - just want to make sure no-one's pulling a fast one on me. Is it true you now have to submit architect's plans?

Also, how much do you need per month to "enjoy life" out there?
 
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NotLurking

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besagnota said:
... Have found land but how much is it going to cost to build?
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It depends on your taste and style.

besagnota said:
I know it's a bit like "how long's a piece of string?"
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very long ;)
besagnota said:
...but what should I be looking to pay to build a four-bedroomed villa (about 150 sq.m.)?
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About RD$3-6 millions for a finished product. The construction cost per m2 ranges form RD$15k-30k and it depends on the quality of work and finishing material used.

besagnota said:
I am in contact with some local builders - just want to make sure no-one's pulling a fast one on me. Is it true you now have to submit architect's plans?
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This has ALWAYS been true! It is to your advantage to comply with all local building codes and have your property properly built and registered.

besagnota said:
Also, how much do you need per month to "enjoy life" out there?
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Again, it depends. You don't give enough info to provide you with a ballpark figure that might be acceptable to you. Think anything between US$1k-10k and it depends solely on your situation, lifestyle and habits.

NotLurking.
 
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tflea

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OP - seems like you need to get the second question answered way before the first.!!
 
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rubio_higuey

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Feb 7, 2007
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Well, according to this post in the thread I mentioned,
http://www.dr1.com/forums/486874-post28.html
and taking the median price of RD$20.000 per square meter, the cost for your 150 sqm house would be approximately 3 million pesos, or 70.000 Euro.
That is with higher cost builders (if you contract out).
If you oversee and hire yourself, you coudl save 20-30% off that.
 
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planner

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Overseeing and hiring yourself can be a recipe for distaster unless you know the system, speak fluent spanish and love to take a gamble......
 
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besagnota

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Thanks a lot, all of you. It's been helpful to hear your ideas. No, I don't know the system, I don't speak fluent Spanish and I'm not a gambler so I won't be walking down the road of "do-it-yourself". I'll keep you all posted as events unroll.

Thanks again
 
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is mikehunt there

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Jan 18, 2007
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besagnota said:
Thanks a lot, all of you. It's been helpful to hear your ideas. No, I don't know the system, I don't speak fluent Spanish and I'm not a gambler so I won't be walking down the road of "do-it-yourself". I'll keep you all posted as events unroll.

Thanks again
Click to expand...



ive paid $550us m2 recently....??/// ive built a number of houses already for this price. for this money it is unlikely the house will include granite bench tops/designer bathroom etc. If you want these items it would seem that the price you must pay is around $700m2 and above.
i feel the houses ive built and sold are attractive and pleasing to the eye!...my opinion only! 3 years ago i was building homes for $350m2...prices have sky-rocketed according to my constructor
 
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besagnota

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is mikehunt there said:
ive paid $550us m2 recently....??/// ive built a number of houses already for this price. for this money it is unlikely the house will include granite bench tops/designer bathroom etc. If you want these items it would seem that the price you must pay is around $700m2 and above.
i feel the houses ive built and sold are attractive and pleasing to the eye!...my opinion only! 3 years ago i was building homes for $350m2...prices have sky-rocketed according to my constructor
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Presumably that price doesn't include perimeter wall or water tank or laying-out of garden? And of course it won't include a swimming pool. My figure of Euros 150,00 included all of the above so maybe I'm not too far out. Once again, thanks everybody.
 
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zoomzx11

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Jan 21, 2006
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Why Build

Buy existing. It can be fun looking and you may get a deal. In the end you will have a good idea of values here in the DR. Remember asking price is often not the selling price. Building can be a nightmare. The other way what you see is what you get. Do you really need brand new?
 
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is mikehunt there

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besagnota said:
Presumably that price doesn't include perimeter wall or water tank or laying-out of garden? And of course it won't include a swimming pool. My figure of Euros 150,00 included all of the above so maybe I'm not too far out. Once again, thanks everybody.
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you are correct , those things you mentioned are extra

wall 6ft tall*1mtr= $60* perimeter of land (basic brick wall)
pool 4m*6m= 10k
landscaping basic (grass) $5m2
tanks ive been quoted $1500 (1.5m*1.5m*3m depth) another contractor wanted to hit me for 5k for the same size tanks
 
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