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Bulgaria is facing a sharp rise in construction material costs, which experts warn will drive property prices higher. Svetoslav Zhekov, chairman of the Chamber of Builders in Varna, told Radio Varna that prices for bricks and concrete have surged, with concrete seeing the most dramatic increase, ranging from 15 to 25 percent. He noted that this rise will directly impact the cost of new construction projects.
Zhekov attributed the jump in concrete prices to recent increases in cement costs by several domestic producers, which occurred alongside the euro conversion and currency revaluation. Authorities monitoring price hikes have been notified, and Zhekov emphasized that the sudden spike is a serious concern for the sector.
Iron prices have also risen, adding further pressure to construction costs. According to Zhekov, buyers who previously could negotiate favorable deals for new properties before the New Year will find this increasingly difficult after January 15, as the higher material costs push overall property prices upward.
Producers of basic food products in Bulgaria are warning that the continuing rise in fuel prices could soon be reflected in the cost of goods on the market.
The ongoing conflict in the Middle East has so far had no substantial effect on the prices of goods and services in Bulgaria
International transport companies in Bulgaria are coming under growing pressure as fuel prices continue to rise following the outbreak of war in the Middle East
Global oil markets have reacted sharply to the escalation of military strikes against Iran. According to Agence France-Presse, the price of Brent crude has jumped by roughly 42% since the start of U.S. and Israeli attacks on the country.
Fuel prices in Bulgaria have continued to rise sharply over the past week, according to data from the Fuelo platform, as reported by BTA.
Bulgaria’s caretaker government is preparing measures aimed at easing the impact of rising fuel prices on both households and businesses.
In 2026 the Bulgarian residential market is shaped less by size and more by adaptability.
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector.
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Property values in Sofia have surged by approximately €500 per square metre over the past year, according to data from one of Bulgaria’s largest real estate agencies. Across the country’s main cities, housing costs climbed by 20% in the final quarter of 2
Two-room dwellings make up the largest portion of newly built homes in Bulgaria, according to data for the fourth quarter of 2025.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
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