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Methodological explanation for the news release:


Average price per 1m2 of dwelling surface


Definitions

The price of 1 m2 includes the following costs:
  • Costs of the building site (purchase of land and possible costs for displacing of residents of the existing facilities unless an empty land is bought).
  • Construction costs (demolition of the existing facilities, cleaning of the construction site, excavation works, erection of building, erection of the roof covering and frames, installation and final works on the buildings and in the apartments).
  • Other costs (fees for acquiring building permits, building design and drafting, land surveying activities, supervision of construction etc).



Last updated: 08.02.2011


   

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