I think it's not expensive, especially in a market (Europe) where there's that little competition. There are a couple of US makers who offer comparable hammocks slightly cheaper, but the difference is not a lot. If I would go the DIY route, I'd probably spend 50-70% of that money on materials alone. And then there's the time spent and possible muck-ups. Fun for some, but not so much for others like me, who don't like sewing.
Another thing to consider is: how much money would you spend on a tent? A quality tent in the same weight class easily costs more than 200 EUR. Even if hammock and tarp should be a bit more expensive, think of it as a "comfort tax" I'd take a well designed integrated hammock any day over the best tent - providing there are two trees to hang it...
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