How Much Does It Cost to Update or Replace an Elevator?
HomepagePrice guideInstallersHow Much Does It Cost to Update or Replace an Elevator?

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.

12.000 € - 40.000 €Budget range
25.000 €Average price
2–6 weeksTypical duration

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 easy access and no structural complications. Includes standard passenger model with 450-630 kg capacity.

Average budget
Typical duration
15.000 € - 22.000 €10 - 14 days
Standard passenger elevator
Old elevator removal
Basic installation and startup
Documentation and permits
1 year warranty

Standard

Most popular option. Complete replacement with higher capacity elevator, system modernization and improved finishes. Ideal for medium-sized residential buildings.

Average budget
Typical duration
22.000 € - 32.000 €14 - 21 days
Medium-high capacity passenger elevator (800 kg)
Dismantling and debris removal
Electrical system modernization
Stainless steel and mirror finishes
Advanced emergency system
3 year warranty and first year maintenance included

Premium

Comprehensive replacement with high-capacity elevator, smart technology and luxury finishes. Complete solution for large buildings or those with special requirements.

Average budget
Typical duration
32.000 € - 40.000 €21 - 30 days
High capacity elevator (1,000 kg) or mixed use (passenger/cargo)
Complete dismantling with environmental management
Full infrastructure modernization and security system upgrades
Premium finishes with LED lighting and ventilation
Smart home system and intelligent control
Eco-friendly elevator with energy recovery
5 year warranty and 2 years maintenance included

Share your project details and get free contact with professionals who work on similar projects.

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 €

4 stops

Replace elevator cabin

7.000 €

Cabin 1.6 x 1.6 m

Replace stairs with pneumatic elevator

25.000 €

4 stops

Replace semi-automatic elevator doors with automatic

2.500 €

Doors 1.6 x 2 m

Change elevator motor

5.000 €

360 kg

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 to be removed and those of the new model to be installed. In most cases, this is a renovation that usually varies between 15.000 € in the cheaper cases and up to 40.000 € in the more expensive ones. However, all factors related to the replacement must be taken into account to estimate the final cost.

Choose a model that suits your needs

1. Choose a model that suits your needs

The first thing to consider when changing an elevator is to choose the most appropriate one for each case. It will not be the same to change an elevator in a commercial building as in an apartment block, nor to do it in a single-family home or in a public space. Depending on the number of people who will use the elevator, the speed at which it must move, as well as the available space and budget, it will be better to choose one elevator or another.

Pay attention to the current elevator shaft

2. Pay attention to the current elevator shaft

The elevator shaft will be the element that is difficult to modify and, also for that reason, the one that will most determine what type of elevator can be installed and what cannot. In general, the most advisable thing will be to choose elevators that can use the same original shaft without needing to make major modifications, which will speed up the process of installing the new elevator and, in addition, reduce the cost of replacement.

Verify if elevator installation is viable in the building

3. Verify if elevator installation is viable in the building

Once the decision has been made to replace or change an elevator with 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 works perfectly. However, there will also be cases where the particular model will present more complications than advantages, so it is essential to verify its viability before starting work on the installation process itself.

The cost of replacing an elevator will depend on the particular characteristics of each original elevator to be removed and those of the new model to be installed. In most cases, this is a renovation that usually varies between 15.000 € in the cheaper cases and up to 40.000 € in the more expensive ones. However, all factors related to the replacement must 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

Supply and installation of the new elevator
Removal and dismantling of the old elevator
Electrical wiring and basic connections
Automatic cabin and landing doors
Control system and button panel
Functional testing and initial adjustments

Often not included

Complete shaft renovation (structural reinforcements, civil works)
Interior cabin decoration (special cladding, premium finishes)
Installation of optional accessories (additional mirrors, advanced emergency systems)
Licenses, municipal permits and administrative procedures
Maintenance and inspections after installation

Steps to upgrade or replace an elevator

The cost of replacing an elevator will depend on the particular characteristics of each original elevator to be removed and those of the new model to be installed. In most cases, this is a renovation that usually varies between 15.000 € in the cheaper cases and up to 40.000 € in the more expensive ones. However, all factors related to the replacement must be taken into account to estimate the final cost.

1. Assess the current condition of the elevator

1. Assess the current condition of the elevator

A specialized technician must inspect the existing elevator to determine whether repair or replacement is more cost-effective. This evaluation directly influences the final budget, which ranges from 12,000 € to 40,000 € depending on the type of replacement. Documenting the age, model, and detected issues is essential for obtaining accurate quotes.

2. Request quotes from several installers

2. Request quotes from several installers

Contact at least three certified installers to obtain detailed quotes for the replacement. The average cost is 25,000 €, but can vary significantly depending on elevator type: changing the motor costs from 360 €, while complete replacement can reach 40,000 €. Always compare labor, permits, and warranty included.

3. Review regulations and municipal permits

3. Review regulations and municipal permits

Before proceeding, verify local legal requirements and obtain necessary permits from the municipality. Some cities require specific safety inspections or updates to current regulations, which can influence the final cost within the 12,000 € to 40,000 € range. Include these procedures in the budget with the installer.

4. Compare available models and features

4. Compare available models and features

Evaluate different elevator options available: electric, hydraulic, or pneumatic. Each type has distinct advantages in maintenance and energy consumption. For example, replacing an electric elevator with a hydraulic one has specific costs, while basic models start from 15,000 € and can reach 40,000 € for premium options.

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 (800-1000 kg) with more modern technology are more expensive than basic 630 kg models. Travel speed also significantly influences the final price.

Building height and number of stops

Elevators for 3-4 story buildings are considerably more affordable than those for 6 or more stories. Each additional stop requires more complex control systems and longer cables.

Shaft condition and necessary renovations

If structural reinforcement of the shaft, wall repairs, or access modifications are needed, costs increase significantly. Old elevators often leave shafts that require adaptations for new models.

Brand, technology and comfort features

Premium European brands with energy-efficient technology, mirrors, LED lighting and advanced safety systems are priced higher than standard models or lesser-known brands.

Factors that influence the price of upgrading or changing an elevator

Factors that influence the price of upgrading or changing an elevator

The cost of replacing an elevator will depend on the particular characteristics of each original elevator to be removed and those of the new model to be installed. In most cases, this is a renovation that usually varies between 15.000 € in the cheaper cases and up to 40.000 € in the more expensive ones. However, all factors related to the replacement must be taken into account to estimate the final cost.

When replacing an elevator with a new one, you will need to take into account different factors that will influence both the installation and its price:

Advantages of replacing the elevator with a new model

The cost of replacing an elevator will depend on the particular characteristics of each original elevator to be removed and those of the new model to be installed. In most cases, this is a renovation that usually varies between 15.000 € in the cheaper cases and up to 40.000 € in the more expensive ones. However, all factors related to the replacement must be taken into account to estimate the final cost.

If a new 3-story hydraulic elevator 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 € approximately.

If a new 5-story pneumatic elevator is installed in a shopping center, the average price could reach around 35.000 €. If instead of installing a pneumatic-type elevator, a new self-supporting elevator is installed in a similar building, the average price will be around 40.000 €.

  • Construction project and permit: you must keep in mind that the replacement of an elevator with another will be a construction project in itself and, therefore, it will be necessary to have both the corresponding construction projects, in case modifications need to be made to the elevator shaft for example; and the permit. The required permit can vary from municipality to municipality, and may be for major or minor works, so it is advisable to check directly with the municipal office before starting work.
  • Adaptation work: although in many cases the elevator can be replaced directly by changing the cabin and motor with new devices, there will be times when it will be necessary to carry out adaptation work of the space. This work can vary depending on the case and model of elevator to be installed. But you should keep in mind that it will always increase the final installation cost to a greater or lesser extent.
  • Labor: this type of installation can only be carried out by properly qualified installer technicians, so it will be necessary to have this type of professionals during the elevator replacement process in question.
  • Elevator model: in the case of having limited space, one of the most recommended options is hydraulic elevators, since they require less space and allow the motor and machine room to be located further from the elevator shaft. But if what you want is an inexpensive elevator, the best option is electric elevators, which are larger than other options but much more economical than the rest.

One of the main advantages of replacing an elevator with a new one that cannot be overlooked is the fact that a new elevator will increase the value of the property. This is applicable to both commercial and residential buildings, and also if it is an apartment in a multi-story building or a single-family home with its own elevator.

Elevator modernization

Another of the most important advantages of changing an elevator is that it will serve to modernize it. In this way, you will be able to enjoy an elevator that will offer greater comfort and safety to users, so its replacement will not only respond to a purely aesthetic or technical issue.

A platform built equally for homeowners and professionals

Whether you're planning a renovation or looking for your next project, Reformia gives both sides the tools to connect, compare, and collaborate with confidence.

For homeowners

For individuals

Post your renovation project in minutes — free
Receive competitive bids from verified professionals
Compare offers side-by-side with clear pricing
Pay safely via escrow — release only when satisfied
For contractors

For professionals

Get matched with homeowners in your area
Bid on projects that fit your specialisation
Build your profile with verified reviews
Receive secure payments through the platform
Modern renovated home
Trusted Platform

Demystify home renovation costs

Access clear price ranges for services and installations in your area, then create a request with realistic expectations.

Energy Suppliers

6
Price guides
90+
Pro
4.5
Energy Suppliers
Typical project budget
50 € - 550 €0.09 € - 0.27 €/kWh

Aggregate range based on the published guides in this family, including project totals and unit pricing where relevant.

Construction

24
Price guides
420+
Pro
4.7
Construction
Typical project budget
50 € - 800,000 €15 € - 80 €/hour180 € - 2,000 €/m²

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Installers

83
Price guides
800+
Pro
4.9
Installers
Typical project budget
15 € - 75,000 €15 € - 150 €/hour

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Maintenance

37
Price guides
500+
Pro
4.9
Maintenance
Typical project budget
12 € - 7,000 €10 € - 100 €/hour25 € - 60 €/m²

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Moving Services

12
Price guides
220+
Pro
4.6
Moving Services
Typical project budget
3 € - 3,500 €17 € - 300 €/hour

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Minor Works

124
Price guides
650+
Pro
4.7
Minor Works
Typical project budget
3 € - 35,000 €15 € - 300 €/hour7 € - 450 €/m²

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Renovations

47
Price guides
800+
Pro
4.9
Renovations
Typical project budget
70 € - 300,000 €20 € - 50 €/hour10 € - 800 €/m²7 € - 20 €/ml

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Technical Services

35
Price guides
150+
Pro
4.9
Technical Services
Typical project budget
100 € - 55,000 €40 € - 40 €/hour

Aggregate range based on the published guides in this family, including project totals, hourly pricing, and unit pricing where relevant.

Retail & Assembly

1
Price guides
340+
Pro
4.8
Retail & Assembly
Typical project budget
2,000 € - 18,000 €

Aggregate range based on the published guides in this family.

Frequently Asked Questions

FAQ
How much does it cost to replace an elevator in a residential building?

The cost of replacing an elevator in a residential building typically ranges between 15,000 € and 40,000 €, depending on factors such as building height, number of stops, and technical specifications of the new model. In buildings up to 5 floors with standard elevators, prices usually fall around 18,000-25,000 €, while in taller buildings or those with special requirements, costs can reach 35,000-40,000 €. It's recommended to request quotes from several authorized installers to compare prices and included services.

How long does an elevator replacement take?

A complete elevator replacement typically takes between 3 and 6 weeks, including removal of the old unit, installation of the new one, and functional testing. The timeframe can vary depending on the complexity of the work, building characteristics, and availability of official technical inspections. In some cases with structural complications, the process may extend to 8 weeks.

What does an elevator upgrade quote include?

A typical quote includes dismantling and removal of the old elevator, supply and installation of the new equipment, structural adaptation work if necessary, and final safety testing. Some installers also include painting and finishing work on the cabin and doors, as well as handling municipal permits. It's important to verify whether first-year maintenance costs and liability insurance are included in the offer.

How do I choose a good elevator installer?

It's essential to choose an installer company that is authorized and certified by organizations such as AEDOS or holds ISO 9001 certification. Verify that they have proven experience on similar projects, references from other buildings in your area, and offer a minimum guarantee of 2-3 years on the equipment. Request detailed quotes from at least three different companies and don't rely solely on the lowest price, as service quality and elevator durability are critical factors.

Do I need permits or licenses to replace an elevator?

Yes, it's mandatory to obtain a municipal construction license before starting any elevator replacement in Spain. A technical safety inspection (ITS) by an accredited control body is also required, both before and after installation. The installer must handle these permits and register the new elevator with the competent authority in your autonomous community; these procedures are generally included in the service quote.

Got more questions? Contact us!