Hello again, in this post we would like to let you know more regarding the construction process here in Nicaragua. As you already know build is a expensive purchase here and any other place. that for, the best you can do is to contract a qualified architect and builder.
if you contract a foreman or ganger to build your project without planing or supervision, that will be you worst mistake, since they don't have any knowledge regarding construction codes, architecture or engineering, probably they accomplish your project but during that process they will make a lot of mistake that will cost you money in a short or long point of your project life.
How much you will expense hiring an architect?
Architect common fee is between 5-15% of your invest, this will variety in depend of the complexity of the project and the speciality that its required, architect will develop your project creating a 3d model of the proposal idea, with floorplans and elevations, they will take in consideration during the design process all your needs and requirement, the aesthetic of your building as well as the construction materials , structural system, mechanical, electrical and plumbing system of your project, they commonly coordinate a team of engineer that make all the calculation to garantice the quality and reliability of your project.
Construction plans start at $1.8 per square foot. This cost includes full set of ready to use building plans. in our case meet the national construction standard as well as the international Building Code IBC. This process commonly takes 2 months for 1500sf house.
How much does it cost to build a home in Nicaragua?
Many people think it costs much less to build a home in Nicaragua than it actually does. You could build a simple basic home for 60K$. But this isn’t what most people want. Rather, everyone'll love to have confortable spaces, open concept kitchen and living areas, high ceiling, laundry area, 3-4 Bedroom, 3 or 2-1/2 Bathroom,Terraces , amount others.
There are many factors that determine the overall cost to build a home in Nicaragua.
1. The finishing's of the home can change the price exponentially. you can found ceramic from $5 to $20 as example, pantry faucet from $30 to $500 and more.
2.If you need to drill a well, add a septic system and run power lines (or install a solar system) this also increase the overall cost.
3.The slope of the land you’re building on is also a major cost consideration. Cutting into land and building retaining walls can add 20% to 30% to your overall cost.
4. Perimetral fence wall, gardening, irrigation system, grass, pool are adds to your overall cost.
Often these are things many people don’t think about when choosing a lot to build on or defining a preliminar budget for their desire home.
When talking about cost to construct the home itself, will rate from $140 to $180USD per square foot. Appliances and furniture would be extra. the size of your project will determined how long will take to build a 1700sf will takes 6-8 months to be completed.
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