Installing a home elevator is an increasingly popular solution for improving quality of life, making living spaces more accessible and comfortable. Whether it’s a single-family home, a multi-level apartment, or a villa, an indoor lifting system can be the ideal choice to eliminate architectural barriers and simplify daily movement. However, before making a purchase, it’s essential to understand the price of a home elevator and which factors influence it. The cost depends on various variables, including the type of elevator, the number of floors to be served, the technology used, and any requested customizations. Moreover, in 2025, bonuses and tax deductions are still available to help reduce the initial investment.
If you’re considering purchasing and installing a home elevator, this guide will provide all the information you need to make an informed decision and find the solution that best suits your needs.
How much does it cost? Average prices
The cost of a home elevator can vary greatly depending on the model, technology, and system configuration. Generally, prices fall within the following ranges:
- Compact homelifts: ideal for small spaces, with minimally invasive installation.
- electric elevators: more energy-efficient, recommended for buildings with multiple floors.
- Hydraulic elevators: perfect for low-rise buildings, but require a machine room for the hydraulic unit.
- Vacuum elevators: an innovative and eco-friendly solution, ideal for those looking for a modern design.
In addition to the system itself, installation costs should also be considered, as they may vary depending on:
- Required construction work: if the building does not have a dedicated elevator shaft, structural modifications will be needed.
- Number of stops: the more floors the elevator must serve, the higher the total cost.
- Customization options: special finishes, LED lighting, and glass or wood panels can increase the overall price.
Factors that influence the price of a home elevator
The price of a home elevator is not fixed, but rather influenced by several factors, from the type of system to the installation work required.
One of the most important factors is the type of elevator. Electric elevators are among the most energy-efficient and are ideal for tall buildings, but they tend to be more expensive than other solutions. Hydraulic elevators are more affordable to purchase but consume slightly more energy. Vacuum elevators offer a high-tech, designer-friendly option, with a price point justified by their advanced technology.
Another key aspect is the number of floors served. The higher the building and the more stops required, the greater the system’s cost—both in terms of materials and installation time.
Installation and masonry work
Installation and construction work can significantly impact the final price. If the building does not already have a dedicated shaft, structural modifications may be necessary, such as adapting indoor spaces or creating an external shaft. This leads to increased costs, especially in the case of historic buildings or those with architectural constraints.
Customization level also plays a role in the final cost. Available options include luxury finishes, automatic doors, LED lighting, smart controls, and premium materials for the cabin. These elements enhance both aesthetics and functionality but add to the overall expense.
Finally, consider ongoing operating and maintenance costs. In addition to the initial investment, a home elevator requires regular maintenance to ensure safety and smooth operation. Maintenance costs typically range from €250 to €600 per year, while energy consumption is estimated between 200 and 500 kWh/year—only a small impact on your electricity bill.
Tax incentives to save on the cost of a home elevator
In 2025, installing a home elevator qualifies for various tax incentives, allowing you to recover a significant portion of your investment and reduce the overall cost of the system.
One of the most advantageous programs is the 75% Architectural Barriers Bonus, which provides a 75% tax deduction on expenses related to the installation of elevators and stairlifts aimed at removing architectural barriers. This incentive is available until December 31, 2025, and reimbursement is spread over five years.
Another option is the 50% Renovation Bonus, applicable if the elevator is part of a larger home renovation project. This bonus allows for a 50% tax deduction on up to €96,000 in eligible expenses, with reimbursement over ten years.
Lastly, the 65% Superbonus can be used only if the elevator installation is part of a broader energy efficiency improvement project. This incentive is also available until the end of 2025.
To benefit from these incentives, payments must be made via traceable bank transfer (“bonifico parlante”), and all related tax documentation must be properly archived.
Conclusion
Installing a home elevator is an investment that enhances accessibility and comfort, while also increasing your property’s value. However, to make the most of this decision, it’s essential to understand the associated costs, the factors that influence pricing, and the available tax incentives.
If you’re considering installing a home elevator, relying on experienced professionals will help you find the most suitable solution for your needs—while optimizing costs and fully benefiting from all available incentives.