
How Much Does It Cost to Update or Replace an Elevator?
The cost to replace an elevator depends on the original and new model characteristics, typically ranging from 15,000 € to 40,000 € depending on various factors.
Amounts are indicative and come from the original imported guide. Final budget depends on scope, materials, and prior condition of the space.
Service Levels and Pricing
Compare the different options available based on your budget and needs for your elevator replacement.
Basic
Elevator replacement in small buildings with straightforward access and no structural complications. Includes standard passenger model with 450-630 kg capacity.
Standard
Complete replacement with superior quality elevator, installation in medium-sized buildings and comprehensive service. The most recommended option for value for money.
Premium
Premium replacement with high-end elevator, smart technology and personalized service. Ideal for large buildings or properties of significant value.
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Elevator replacement prices
See what homeowners usually pay for the most common tasks. Use these ranges to fine-tune your scope and avoid missing key items in your budget.
Replace electric elevator with hydraulic
19,000 €
Replace elevator cabin
7,000 €
Replace stairs with pneumatic elevator
25,000 €
Replace semi-automatic elevator doors with automatic
2,500 €
Change elevator motor
5,000 €
Aspects to consider when changing an elevator with Reformia
The cost of replacing an elevator will depend on the particular characteristics of each original elevator being removed and those of the new model to be installed. In most cases, it's a renovation that typically varies between 15,000 € in the cheapest cases and up to 40,000 € in the most expensive ones. However, all factors related to the replacement should be taken into account to estimate the final cost.

1. Choose a model that suits your needs
The first thing to consider when changing an elevator is choosing the most suitable one for each case. It won't be the same to change an elevator in a commercial building as in an apartment block, nor to do so in a single-family home or public space. Depending on the number of people who will use the elevator, the speed at which it should move, as well as the space and budget available, it will be better to opt for one elevator or another.

2. Pay attention to the current elevator shaft
The elevator shaft will be the most difficult element to modify and, for that reason, the one that will most determine what type of elevator can be installed and which cannot. Generally, the most advisable option will be to opt for elevators that can use the same original shaft without needing to make major modifications, which will speed up the installation process of the new elevator and, in addition, reduce replacement costs.

3. Verify if elevator installation is feasible in the building
Once the decision has been made to replace or change an elevator for another, before doing anything, it is essential to ensure that the new model is compatible with the building's installation. In many cases, it may be necessary to make small modifications to ensure that the new model fits and functions perfectly. However, there will also be cases where the particular model will pose more complications than benefits, so it is essential to verify its feasibility before starting the installation process itself.
The cost of replacing an elevator will depend on the particular characteristics of each original elevator being removed and those of the new model to be installed. In most cases, it's a renovation that typically varies between 15,000 € in the cheapest cases and up to 40,000 € in the most expensive ones. However, all factors related to the replacement should be taken into account to estimate the final cost.
What is usually included in a quote
Each professional may structure quotes differently, but most project budgets follow this logic.
Typically included
Often not included
Steps to upgrade or replace an elevator
The cost of replacing an elevator will depend on the particular characteristics of each original elevator being removed and those of the new model to be installed. In most cases, it's a renovation that typically varies between 15,000 € in the cheapest cases and up to 40,000 € in the most expensive ones. However, all factors related to the replacement should be taken into account to estimate the final cost.

1. Assess the current condition of the elevator
A specialized technician must inspect the existing elevator to determine whether it needs repair or complete replacement. This evaluation is crucial to understand if the cost will be close to the 15,000 € basic tier or require a larger investment. Documenting the installation year and maintenance history helps justify the decision.

2. Get quotes from multiple installers
Request detailed quotes from multiple elevator installation companies to compare options. Costs vary significantly, from 15,000 € to 40,000 € depending on the type of replacement and technical features. Ensure each quote includes labor, materials, and necessary permits.

3. Review current regulations and certifications
Elevator replacement must comply with current safety regulations and local building codes. Verify that the installer is certified and that the new elevator obtains all required certifications. This aspect influences the final budget, especially in the Premium tier between 32,000 € and 40,000 €.

4. Plan the replacement with the community
Coordinate with the homeowners' association to establish a shared timeline and budget. Most replacements require 2 to 6 months of installation depending on complexity. Good planning avoids additional costs and facilitates approval of the average 25,000 € expense.
What can change your final price
Even similar projects can end with different budgets. These are the factors that most often push costs up or down.
Elevator type and capacity
Higher-capacity elevators (8-10 persons) and more modern technology are significantly more expensive than basic 6-person models. Energy efficiency technology also influences the final price.
Shaft characteristics and building structure
The shaft depth, total building height, access to the stairwell, and need for structural reinforcements can considerably increase installation and adaptation costs.
Number of stops and doors
Each additional stop requires more complex control systems and extra automatic doors, increasing the overall budget. A 4-story elevator is more expensive than a 2-story one.
Demolition and preparation work
Removal of the old elevator, debris management, and prior shaft conditioning work can vary significantly depending on the previous condition and complexity of the existing installation.

Factors that influence the cost of upgrading or changing an elevator
The cost of replacing an elevator will depend on the particular characteristics of each original elevator being removed and those of the new model to be installed. In most cases, it's a renovation that typically varies between 15,000 € in the cheapest cases and up to 40,000 € in the most expensive ones. However, all factors related to the replacement should be taken into account to estimate the final cost.
When replacing an elevator with a new one, different factors must be taken into account that will influence both the installation and its price:
Benefits of replacing the elevator with a new model
The cost of replacing an elevator will depend on the particular characteristics of each original elevator being removed and those of the new model to be installed. In most cases, it's a renovation that typically varies between 15,000 € in the cheapest cases and up to 40,000 € in the most expensive ones. However, all factors related to the replacement should be taken into account to estimate the final cost.
If a new hydraulic elevator of 3 stories is to be installed in a single-family home, the average price will be around 27,000 €. While if a new electric elevator is installed in the same home, the average cost could drop to around 16,000 €.
If a new pneumatic elevator with 5 stories is installed in a shopping center, the average price can reach up to around 35,000 €. If instead of installing a pneumatic elevator, a new self-supporting elevator is installed in a similar building, the average price will be around 40,000 €.
- Building project and license: it should be noted that replacing an elevator with another will be a construction project in itself and, therefore, it will be necessary to have the corresponding building projects, in case, for example, modifications to the elevator shaft need to be made, as well as the license. The required license can vary from municipality to municipality, and can be either a major or minor works license, so it's advisable to consult directly with the town hall before starting construction.
- Adaptation works: although in many cases the elevator can be replaced directly by changing its cabin and motor for new devices, there will be occasions when adaptation works of the space will be necessary. These works can vary depending on the case and elevator model being installed. However, it should be taken into account that they will always increase the final installation cost to a greater or lesser extent.
- Labor: this type of installation can only be performed by properly qualified installation technicians, so it will be necessary to count on this type of professionals during the elevator replacement process.
- Elevator model: in case of having limited space, one of the most recommended options is hydraulic elevators, as they require less space and allow the motor and machine room to be located at a greater distance from the elevator shaft. But if what is desired is a cheap elevator, the best option is electric elevators, which are larger than other options but much more economical than the rest.
One of the main benefits of replacing an elevator with a new one that cannot be overlooked is the fact that a new elevator will increase the property's value. This applies to both commercial and residential buildings, as well as to apartments in a building or a single-family home with its own elevator.
Elevator modernization
Another of the most important benefits of changing an elevator is that it will serve to modernize it. In this way, you can enjoy an elevator that will offer greater comfort and greater safety to users, so its replacement will not only respond to a purely aesthetic or technical matter.
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Frequently Asked Questions

How much does it cost to modernize an old elevator in Spain?
The cost of modernizing an old elevator typically ranges between 8,000 € and 25,000 €, depending on the level of modernization you want to achieve. If you opt for a complete upgrade with replacement of major components, motorization, and safety systems, you could spend between 15,000 € and 40,000 €. The final price will depend on factors such as the age of the equipment, the number of stops, and the specific technical characteristics of the building.
How long does a complete elevator replacement take?
Installing a new elevator typically takes between 4 and 8 weeks, from the start of work to when it becomes operational. This timeline includes removal of the old elevator, preparation of the shaft, installation of the new equipment, and mandatory safety tests. In some cases, if there are structural complications or administrative delays, the process can extend to 3 months.
What is included in an elevator replacement budget?
A typical budget includes removal and dismantling of the old elevator, installation of the new equipment, specialized labor, modern safety systems, and final technical tests. However, it may not always include masonry work in the shaft, painting, additional electrical work, or administrative permits, which should be requested separately from the installer.
How do I choose a good elevator installer in my community?
It is recommended to select installer companies with official certification, a minimum of 10 years of experience, and verifiable references in communities in your area. Request at least three detailed quotes and compare not only the price, but also the after-sales service, the warranty offered (minimum 2-3 years), and the availability of ongoing maintenance. Verify that the company is registered in the Elevator Installer Companies Registry (REIA) of your autonomous community.
Do I need permits or authorizations to replace the elevator?
Yes, it is mandatory to obtain municipal permits and comply with Spanish technical regulations (especially the Elevator Safety Directive 2014/33/UE). A preliminary technical inspection and a final inspection after installation must also be carried out. We recommend that the installer handle the processing of these permits, although as the owner you should be informed of the associated timelines and administrative costs, which typically range between 500 € and 1,500 €.
Got more questions? Contact us!

Got more questions? Contact us!
Frequently Asked Questions
How much does it cost to modernize an old elevator in Spain?
The cost of modernizing an old elevator typically ranges between 8,000 € and 25,000 €, depending on the level of modernization you want to achieve. If you opt for a complete upgrade with replacement of major components, motorization, and safety systems, you could spend between 15,000 € and 40,000 €. The final price will depend on factors such as the age of the equipment, the number of stops, and the specific technical characteristics of the building.
How long does a complete elevator replacement take?
Installing a new elevator typically takes between 4 and 8 weeks, from the start of work to when it becomes operational. This timeline includes removal of the old elevator, preparation of the shaft, installation of the new equipment, and mandatory safety tests. In some cases, if there are structural complications or administrative delays, the process can extend to 3 months.
What is included in an elevator replacement budget?
A typical budget includes removal and dismantling of the old elevator, installation of the new equipment, specialized labor, modern safety systems, and final technical tests. However, it may not always include masonry work in the shaft, painting, additional electrical work, or administrative permits, which should be requested separately from the installer.
How do I choose a good elevator installer in my community?
It is recommended to select installer companies with official certification, a minimum of 10 years of experience, and verifiable references in communities in your area. Request at least three detailed quotes and compare not only the price, but also the after-sales service, the warranty offered (minimum 2-3 years), and the availability of ongoing maintenance. Verify that the company is registered in the Elevator Installer Companies Registry (REIA) of your autonomous community.
Do I need permits or authorizations to replace the elevator?
Yes, it is mandatory to obtain municipal permits and comply with Spanish technical regulations (especially the Elevator Safety Directive 2014/33/UE). A preliminary technical inspection and a final inspection after installation must also be carried out. We recommend that the installer handle the processing of these permits, although as the owner you should be informed of the associated timelines and administrative costs, which typically range between 500 € and 1,500 €.


