Example calculation

One residential development. Two ways to build it. >25% cost advantage.

18 apartments, 1,440 m² of living area, 1,800 m² of gross floor area. On a plot in Dornbirn: once conventionally with a local developer, once modular via Modular Match with a Polish manufacturer. Here are the numbers.

The project

Starting point

  • Location: Dornbirn, Vorarlberg
  • 18 apartments averaging 80 m²
  • 1,440 m² net living area, 1,800 m² gross floor area
  • 3 floors, masonry standard, mid-range fit-out
  • Rental target: €17.50/m² (Dornbirn market average 2025)
  • Identical assumptions: plot, permit, rent level, 4.0% interest
18
Apartments
1,440 m²
Living area
3
Floors
The comparison

Headline figures

€ 890,000
Hard-cost savings
12 months
Earlier completion
€ 302,000
Additional rental income through earlier market entry
From build volume to net effect
Conventional€ 5.27m
– Hard costs− €920k
– Interest− €114k
– Rent lead− €302k
Modular equivalent incl. all advantages€ 3.93m

Total advantage: € 1.34m — hard-cost savings, interest savings and brought-forward rental income combined.

Build time to rentable
Conventional20 months
– Time saved12 months
Modular via Modular Match8 months

12 months earlier finished — and 12 months earlier on the market.

Bottom line

Combined advantage: over € 1.3m.

— on a project with €5.3m of conventional volume.

Full cost breakdown

Side-by-side

Variant A

Conventional — local developer Vorarlberg

Construction cost €2,400/m² × 1,800 m² GFA€ 4,320,000
Ancillary costs (planning, structural, connections, 17%)€ 734,000
External works€ 50,000
Hard costs€ 5,104,000
Interim financing over 20-month build (avg. burden 10 months × 4%)€ 170,000
Total cost€ 5,274,000
Build time
20 months
Rentable from
Month 21
Yield on cost
5.7%
Variant B — Modular Match

Modular via Modular Match — manufacturer Poland

Modules ex works (€1,400/m² × 1,800 m²)€ 2,520,000
Transport (40 modules × €8,000 — Poland → Dornbirn)€ 320,000
Assembly, crane, on-site build-up€ 80,000
Foundation + utilities (local)€ 230,000
Local gap closure (facade, flooring, connections, plastering)€ 520,000
Ancillary costs reduced (12% on construction)€ 440,400
External works€ 50,000
Modular Match fee (0.95% on module volume, incl. free simulation, tender & two inspectors)€ 23,940
Hard costs€ 4,184,340
Interim financing over 8-month build (avg. burden 4 months × 4%)€ 56,000
Total cost€ 4,240,340
Build time
8 months
Rentable from
Month 9
Yield on cost
7.1%
Gap analysis

What's left to do locally

Ex-works completion level: around 88%. Volumetric modules from Poland arrive largely finished — with bathrooms, kitchens, electrics, windows, interior walls. What still happens locally:

88%ex works
12% gap

What sits between ex-works and ready-to-move-in

Poland plant
Modules, bathrooms, kitchens, electrics, windows
Transport
Heavy haulage within the EU
Assembly
Crane, set-up, connecting on site
Local trades
Foundation, facade, flooring, connections
Local serviceQuantity basisCost
Facade cladding (regionally adaptable, wood batten)1,200 m² × €180/m²€ 216,000
Final flooring in apartments1,440 m² × €60/m²€ 86,000
Heating + sanitary connection to building networklump sum€ 95,000
Plastering module joints + exterior workslump sum€ 75,000
Stairwell + elevator locallump sum€ 48,000
Total local gap closure€ 520,000
Modern modular residential facade with wood accents
Time-to-rent effect

What you actually earn

The construction-cost saving is only part of the advantage. The other is time. If your building is finished twelve months earlier, rental income starts twelve months earlier. On rentable volume of 1,440 m² at an average €17.50/m² net rent:

Monthly gross rental income
€ 25,200
12 months lead gain (100% occupancy)
€ 302,400

Total advantage per project

Hard-cost saving€ 919,660
Interest saving from shorter build€ 114,000
Additional rental income from earlier market entry€ 302,400
Total advantage€ 1,336,060
Beyond the numbers

What also speaks for going modular

Soft facts that don't fit into any Excel cell.

EU-internal, OIB-compliant.

Modules conform to CE and EN harmonisation. Modular Match translates specifications into Austrian OIB guidelines and verifies compliance before contract signing.

Acceptance only after two independent inspectors.

One at the Polish plant, one in Dornbirn. Both independent, both included in the Modular Match fee. You don't pay a cent extra for quality assurance.

Established EU logistics.

Module transports inside the EU are routine today — established heavy-haulage corridors, well-practised assembly crews. Permits are country- and route-specific and are coordinated by the supplier. On request we connect you with experienced shipping companies that drive these routes regularly.

Procurement project instead of construction project.

You buy finished modules at fixed terms with a performance bond. No brick-by-brick risk, no coordinating thirty different trades on site, no weather delays.

Predictable cash flow.

Fixed prices and fixed dates from the manufacturer, backed by the factory inspection. Your bank sees a plannable project, not a construction project with an open end.

Modular financed — like conventional.

DACH banks finance modular projects like conventional ones: the collateral is the completed building on local soil, not the manufacturer. On request we connect you with banks experienced in cross-border construction projects.

Modern modular residential facade

What do your numbers look like?

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