I recently talked to a friend who is an architect, and he said that almost nothing is being built under 3000-3500€/sqm anymore. A few years ago, it was still 2500€/sqm. This also reflects my current experience here in the region. In rural areas without any infrastructure, a 550sqm plot costs around 500k€, and for a 160sqm house, most general contractors want 500k€ and up. Only the low interest rates balance this out a bit, but we'll see for how much longer.