The Cost of Assets in Bulgaria
Prices at a glance
| Asset | Price in 2026 |
|---|---|
| Farmland, national average | €8,426 per hectare in 2025, down 3.3% |
| Farmland rent | €260.80 per hectare a year in 2025 |
| New flat in Sofia | About €2,070 per m² asking, excl. VAT, plus about €500 per m² to finish |
| Class A office in Sofia, to rent | €14 to €18 per m² a month |
| Class A warehouse in Sofia, to rent | About €6.00 per m² a month |
| Prime office and logistics yields | About 7.5% |
Source: BTA: Farmland sale prices and rents fell in 2025 (NSI); BTA: 7,630 apartments under construction for sale in Sofia (Colliers); Vesti.bg: The real price of a new home in Sofia; Cushman & Wakefield Forton: Sofia office MarketBeat, Q2 2026; BTA: Sofia industrial and logistics space, H1 2026 (Colliers); International Investment: Bulgaria’s property market enters a more mature phase (H1 2026)1,2,5,6,4,7
Land
Farmland sold for an average of €8,426 a hectare in 2025, a fraction of the price in Western Europe. Prices fell slightly that year, as did rents.1
For industrial and logistics projects, development-ready plots near Sofia are scarce, and Colliers expects land prices there to keep rising. That is pushing investors towards regional cities and the industrial zones, where the state and municipalities offer serviced plots.4
Citizens and companies of the EU and EEA can buy land in Bulgaria. Buyers from other countries usually hold land through a Bulgarian company.8
Homes
Source: BTA: Home prices up 15.5% a year in Q2 2026 (NSI)3
See Residential Property for prices, rents and buying costs.
Building
Construction prices were 69.2% of the EU average in 2024, but costs are rising quickly: the construction cost index was 9.6% higher in Q2 2026 than a year earlier. See Construction Costs.9,10
Frequently Asked Questions
How much does farmland cost in Bulgaria?
Farmland in Bulgaria sold for an average of €8,426 per hectare in 2025, down 3.3%. Annual farmland rent averaged €260.80 per hectare.
How much does a new flat in Sofia, Bulgaria cost?
In 2026, new flats in Sofia had an average asking price of about €2,070 per m², excluding VAT, with finishing costing about €500 per m².
How much have home prices increased in Bulgaria?
Home prices in Bulgaria rose 15.5% year on year in Q2 2026. Quarter-on-quarter increases were 5.8% in Plovdiv, 2.9% in Stara Zagora, 2.8% in Varna and 2.4% in Sofia.
How do construction costs in Bulgaria compare with the EU?
Construction prices in Bulgaria were 69.2% of the EU average in 2024. The construction cost index rose 9.6% year on year in Q2 2026.
What is commercial property rent in Sofia, Bulgaria?
Class A offices in Sofia cost €14 to €18 per m² a month to rent in 2026, while Class A warehouse rent was about €6.00 per m² a month.
Sources
- BTA: Farmland sale prices and rents fell in 2025 (NSI)
- BTA: 7,630 apartments under construction for sale in Sofia (Colliers)
- BTA: Home prices up 15.5% a year in Q2 2026 (NSI)
- BTA: Sofia industrial and logistics space, H1 2026 (Colliers)
- Vesti.bg: The real price of a new home in Sofia (in Bulgarian)
- Cushman & Wakefield Forton: Sofia office MarketBeat, Q2 2026
- International Investment: Bulgaria’s property market enters a more mature phase (H1 2026)
- European Land Registry Association: Bulgaria, limitations to foreigners
- Eurostat: Price level indices, 2024 (prc_ppp_ind)
- BTA: Construction cost index up 9.6% in Q2 2026 (NSI)
Figures checked 13 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.
