Construction & renovation
Building in Portugal: what does a cost-per-square-metre estimate really cover?
A guide, not a quotation
Santander’s guide, consulted on 23 October 2026, cites €950–€1,500/m² for traditional construction. This is a general editorial range, not an official Algarve average or contractor offer. Do not assume it includes the same scope as your project.
Define the scope
Specify the floor-area basis, finish level and inclusions. Separate land, surveys, design, administration, groundworks, connections, structure, equipment, landscaping, pool and VAT. Building cost is not automatically the total delivered budget.
Compare like for like
Provide contractors with a common specification, programme, payment terms and change process. Identify provisional items and exclusions. Assess slope, machinery access and utilities for the actual plot.
Before buying land
Contact us to discuss your programme and the checks to coordinate with architects, technicians and contractors. Binding feasibility and pricing require site-specific professional work.
Contact us about your project