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Cost of doing business

Construction Costs in Bulgaria

Building in Bulgaria costs less than in most of the EU: construction prices were 69.2% of the EU average in 2024. Costs are climbing quickly, though, with materials up 10% and the construction cost index up 9.6% in the year to mid-2026.

Updated October 2026 · Figures checked 13 October 2026

Construction price level, 2024 (EU = 100)
69.21
Construction price level, 2024 (EU = 100)
Construction cost index, Q2 2026 on a year earlier
+9.6%2
Construction cost index, Q2 2026 on a year earlier
Standard rough construction of a house, per m², excl. VAT
€350–4503
Standard rough construction of a house, per m², excl. VAT
Premium house in Sofia to completion (Act 16), per m² of floor area
€980–1,4004
Premium house in Sofia to completion (Act 16), per m² of floor area

Construction Costs in Bulgaria

Price per square metre, 2026

Price per square metre, 2026
Stage Cost per m², excl. VAT
Rough construction, economy €300 to €350
Rough construction, standard €350 to €450
Rough construction, premium €450 to €600

Source: VEMK: Rough construction prices for a house in 20263

Rough construction covers excavation, foundations, the structure and the roof. Prices in 2026 are at least 15% to 20% higher than in 2024, and builders advise keeping 10% to 15% in reserve.3

Price per square metre, 2026
Premium house in Sofia Cost per m² of gross floor area
Rough construction, to Act 14 €300 to €500
From Act 14 to Act 15 €250 to €400
Finishing, to Act 16 €350 to €550
Design, permits and documents €80 to €150
Total, to Act 16 €980 to €1,400

Source: Kota Homes: The cost of building a premium house in Sofia in 20264

Act 14, 15 and 16 are the official stages of a Bulgarian building: the structure, the completed building and the permit to use it. The industry average for a turnkey house across Bulgaria in 2025 was €1,300 to €1,600 per m².4

How fast costs are rising

How fast costs are rising
Construction cost index, Q2 2026 +3.4% on the quarter, +9.6% on a year earlier
Building materials, producer prices +3.4% on the quarter, +10% on a year earlier

Source: BTA: Construction cost index up 9.6% in Q2 2026 (NSI)2

Frequently Asked Questions

How much does rough house construction cost per square metre in Bulgaria in 2026?

In 2026, rough construction costs €300 to €350 per m² for an economy build, €350 to €450 for a standard build and €450 to €600 for a premium build, excluding VAT. It covers excavation, foundations, the structure and the roof.

How do construction prices in Bulgaria compare with the EU average?

Bulgaria’s construction price level was 69.2% of the EU average in 2024, so building costs were lower than in most EU countries.

How quickly are construction costs rising in Bulgaria in 2026?

In Q2 2026, Bulgaria’s construction cost index rose 3.4% on the quarter and 9.6% on a year earlier. Building materials producer prices rose 3.4% on the quarter and 10% on a year earlier.

How much does it cost to build a premium house in Sofia to Act 16?

Completing a premium house in Sofia to Act 16 costs €980 to €1,400 per m² of gross floor area in 2026. This total includes rough construction to Act 14, work from Act 14 to Act 15, finishing to Act 16, and design, permits and documents.

Sources

  1. Eurostat: Price level indices, 2024 (prc_ppp_ind)
  2. BTA: Construction cost index up 9.6% in Q2 2026 (NSI)
  3. VEMK: Rough construction prices for a house in 2026 (in Bulgarian)
  4. Kota Homes: The cost of building a premium house in Sofia in 2026 (in Bulgarian)

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.

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