Prefabricated homes, factory-built houses, modular homes… the vocabulary surrounding this type of construction is very broad and increasing all the time due to the ever greater role they are playing in the real estate market. One of the great advantages of buying a prefab is the price, which is usually significantly lower than traditional buildings and doesn’t have the risk of cost overruns. But how much does a prefab cost?
There is no single answer. The price is relative, since it depends on materials, design and location, among other things. "In a prefabricated house, just as in a traditional one, the most visible parts are the materials used and the finishes. What will set the price apart is the quality of the construction, which does not have to have a direct correlation with the system used. Some people have the idea that modules or prefab houses are cheaper than traditional ones, but that's not necessarily the case," explains Fernando Agudo, director general of Spanish prefab building firm Atlántida Homes.
So they're not cheaper?
Just like traditional constructions and, generally speaking, any type of good, you can either spend thousands or millions depending on what you want, since you can customise the house to your taste and add all the extras you want.
"Regardless of the way they’re built, the price of a house depends on the quality and the finishes. One of the advantages of industrialised construction is how long it takes, whereas traditional building methods are completely different, since, with prefabricated buildings, by standardising the processes and manufacturing the parts in a controlled environment where there are far fewer variables, you can achieve much shorter construction periods than normal, with the consequent savings in indirect costs," commented Agudo.
For example, the firm estimates the price of a basic and functional prefab home at around 1,000 euro per square metre (93 euro per square foot) and warn that excessively cheap prices lower than this are normally due to semi-finished products (not including the costs of foundations, transport, etc.) and low quality.
"We operate in a range between 1,300 and 1,450 euro/m2 (between 120 and 135 euro/sq ft) because our prices are all-inclusive (architectural project, topographical survey, geotechnical study, ten-year insurance warranty, etc.). In other words, it includes everything that has to do with the construction of the house and high-tech fittings that, like the optional ones you get in a car, will improve the quality of life of the user," underlines the manager.
From a few thousand to anything you want to spend
We've compiled a selection of several models of manufactured homes from different companies, built using various materials and in a range of sizes to help you decide what prefab home to buy.
Model M0: 90 m2 (969 sq ft) built in prefabricated concrete, with two bathrooms and three bedrooms on sale for 124,000 euro.
Modelo M5: 220 m2 (2,368 sq ft) built in precast concrete, with five bedrooms and three bathrooms for 248,000 euro.
Norge Hus Houses
87 m2 (936 sq ft) prefab house with two bedrooms and two bathrooms. Total price: 31,300 euro + VAT.
269 m2 (2,895 sq ft) prefabricated house with three bathrooms and three bedrooms. Total price: 96,900 euro + VAT.
Campero Model: From 22,724 euro, with a built area of 31.79 m2 (342 sq ft), two bedrooms and a bathroom.
Gran Villa Model: These models have subcategories, but all have energy certification A. The Himalaya model has an area of 138.5 m2 (1,490 sq ft) with prices starting from 140,099 euro, and the Sierra de Atapuerca model has 52 m2 (560 sq ft) and prices start at 59,290 euro.
Palmako Susanna Model: Although it is very simple and small, this prefab property makes for a great purchase. Costs 3,294 euro and is 12.4 m2 (133 sq ft) big. The construction material used is wood.
Cube Basic Model 36 m2 (388 sq ft): From 32,898 euro (turnkey pack) and it has a bedroom and a bathroom.
Cube Model 100 m2 (1,076 sq ft): From two to three bedrooms, and one or two bathrooms. Price from 102,567 euro with the turnkey pack.
Cube Premium Model 300 m2 (3,230 sq ft): Five bedrooms and six bathrooms spread over two floors. Price from 348,700 euro with the turnkey pack.
Mijas Model: 102 m2 (1,098 sq ft), two bedrooms and a bathroom. Price from 169,200 euro.
Marbella Model: The jewel in the crown has 758 m2 (8,160 sq ft), distributed over two floors, six bedrooms and seven bathrooms. Price from 1.065 million euro.
Houses from Atlántida Homes
Aura Model: 81 m2 (872 sq ft) built area, two bedrooms and two bathrooms. From 139,084 euro.
Arca Model: 203 m2 (2,185 sq ft) built surface area, four bedrooms and three bathrooms distributed over two floors. Price from 332,134 euro.
Leaving out the cost of acquiring the plot on which the house is built, Atlántida Homes explains that the price varies depending on:
- The services included in the price as well as the logistical construction plans (project, land surveys, site management, connections, etc.)
- Size of the house – the bigger the house, the lower its price
- Finishes and materials used
- In-built fittings and special properties, like installing domotics, professional audio, skylights, a fireplace, etc…
In the end, buying a prefab, manufactured home or modular house can be an inexpensive and novel way to get on the property ladder.