What is the current trend on hard costs? Check it below
The construction costs can be affected by various factors such as labor costs, material costs, regulations, and market demand, among others and have a direct impact on developers business plans, it's currently mandatory to have a regular update on its evolution.
Main conclusions:
• Decrease on the YoY growth of the construction costs on the following years
• Increase of + 6,5% for 2024 and + 3,7% for 2025
• 2024 forecast of median value of €1,600/sqm for Hard Costs
Source: INE and CI I Analysis: ATTA
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