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Cost to build a G+5 hotel in Addis Ababa

An example G+5 hotel with 400 m² on each floor, 2,400 m² in total. Change any detail in the free estimator to match your own building.

Finish levelEstimated total (ETB)Per m² (ETB)
EconomicLocal materials and plain finishes163,000,00067,744
Semi-luxuryGood local and imported mix189,000,00078,611
LuxuryImported, high-end finishes221,000,00092,265

Where the money goes

At the semi-luxury finish level, before overhead, profit, contingency and VAT.

BillAmount (ETB)Share
Substructure & earthworks5,700,9903.8%
Reinforced concrete superstructure44,585,04629.9%
Masonry, walling & roofing works11,334,5677.6%
Carpentry, joinery & openings29,696,76719.9%
Finishing & painting works28,516,33619.1%
Mechanical, plumbing & sanitary installations8,078,6625.4%
Electrical & telecommunication installations8,018,0665.4%
Exterior works, perimeter wall & drainage2,921,6522.0%
Air-conditioning, ventilation & elevators10,292,0006.9%

About these figures

  • Rates are based on the Addis Ababa construction market, updated in Sep 2026.
  • Totals include overhead, profit, contingency and VAT at typical values. Quantities use typical proportions for this type of building, so this is for early budgeting, not a quotation.
  • Not included: land, design and permit fees, finance costs, furniture and equipment, and unusual ground conditions.

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