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Rebuilding costs for insurance
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Mexican Pete
- CVO Regular

- Posts: 96
- Joined: Thu Jul 28, 2005 9:19 am
Rebuilding costs for insurance
Does anyone have a good source for getting an accurate estimate for rebuilding costs for insurance purposes? My current cover is for about €800 a square meter for a four bed detached villa plus €27k to reinstate the 4.5m x 9m pool. This doesn't seem to be a million miles out but it would be nice to have some confirmation.
Insurance rebuild costs
The rebuild costs published by the Min of Environment here in October 2005 shoiwed 3 different values for different parts of the country.
For the Algarve it was set at €596,62 a sq. metre. Most builders would charge from €650 sq. mt + IVA to build a house depending on finish of course.
The posts before this seem to be well covered.
For the Algarve it was set at €596,62 a sq. metre. Most builders would charge from €650 sq. mt + IVA to build a house depending on finish of course.
The posts before this seem to be well covered.

