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Cost of doing business

Cost of Office Space in Bulgaria

Sofia has 2.36 million m² of modern offices. Class A rents have held at €14 to €18 per m² a month, and with the most new space in four years due by the end of 2026, tenants have plenty of choice.

Updated October 2026 · Figures checked 13 October 2026

Class A rent in Sofia, per m² a month
€14–181
Class A rent in Sofia, per m² a month
Prime rent in the city centre, about, per m² a month
€201
Prime rent in the city centre, about, per m² a month
Office vacancy, Q2 2026
11.6%1
Office vacancy, Q2 2026
Modern office stock in Sofia
2.36 m m²1
Modern office stock in Sofia

Cost of Office Space in Bulgaria

The Sofia office market

The Sofia office market
Stock 2.36 million m²
Vacant About 275,000 m² (11.6%)
Class A rents €14 to €18 per m² a month
Prime, city centre About €20, some quotes €21
Take-up 50,063 m² in Q2, 96,075 m² in the first half of 2026
Under construction 203,000 m²

Source: Cushman & Wakefield Forton: Sofia office MarketBeat, Q2 2026; Scaladi: Sofia’s office market, record new supply before year end (C&W Forton data)1,2

Rents are quoted per month without VAT; service charges come on top.

New supply

Office completions in Sofia, thousand m²
Item Comparison Value
2021 155
2025 27
H1 2026 14
H2 2026, expected 85

Source: Scaladi: Sofia’s office market, record new supply before year end (C&W Forton data)2

About 85,000 m² is due by the end of 2026, the most in four years, including Sky Fort and M Tower. More choice keeps rents in check.2

Buying offices

Prime office yields were about 7.5% in the first half of 2026. Investment in the first half came almost entirely from Bulgarian buyers.3

Frequently Asked Questions

How much does office space cost in Sofia, Bulgaria?

Class A office rents in Sofia are €14 to €18 per m² a month, while prime city-centre rent is about €20 per m² a month, with some quotes at €21. Rents are quoted without VAT; service charges come on top.

What is the office vacancy rate in Sofia, Bulgaria?

Sofia office vacancy was 11.6% in Q2 2026, equal to about 275,000 m² of vacant space in a modern office stock of 2.36 million m².

How much new office space is expected in Sofia, Bulgaria, by the end of 2026?

About 85,000 m² of office space is expected by the end of 2026, the most new supply in four years. Completions include Sky Fort and M Tower.

What were prime office yields in Sofia, Bulgaria, in 2026?

Prime office yields in Sofia were about 7.5% in the first half of 2026. Investment in the first half of 2026 came almost entirely from Bulgarian buyers.

Sources

  1. Cushman & Wakefield Forton: Sofia office MarketBeat, Q2 2026
  2. Scaladi: Sofia’s office market, record new supply before year end (C&W Forton data)
  3. International Investment: Bulgaria’s property market enters a more mature phase (H1 2026)

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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