Renovation Costs

Renovation costs, if properly controlled and administered, can be cost effective and cheaper than in the UK, which is another reason to consider buying an old house and renovating it. BPS are experts in rural property renovation and will only be too pleased to advise and undertake such improvements on your behalf.

When contracting a company to complete your renovation project, cost can vary from €55 to €100/sq.m, depending on the level of work required. Therefore, for the average two-bedroom house of 100sq.m expect to pay between €5,500 to €10,000, depending on the level of renovation required and the level of finish. If you decide to manage the project yourself, you can save a lot on the renovation costs. However, BPS has the expertise to negotiate and communicate at all levels on your behalf. BPS has spent months researching where to buy the best products, therefore can easily outsource all materials for you.

Bathrooms costs can fluctuate significantly, depending on quality and design of tiles and fittings, however, installation of a new bathroom would cost you around €2,000 and probably the same amount will be sufficient for a new kitchen (excluding appliances). In Bulgaria our clientele can have a much greater choice of bathroom and kitchen fittings along with tiles and appliances, including luxury fittings.

One can expect the same variety and prices for laminated floors, however, real wood floors and parquets are much cheaper than in the UK, a propos, the same as the most expensive laminated floors in the UK.

Managing your renovation project will require communication skills and probably an interpreter. It is a good idea to have a Bulgarian to negotiate prices for you, as it is a common practice to overcharge foreigners. BPS are second to none in negotiation and will assist you obtaining the materials you require. BPS can help our clientele estimate the level of work required, before making any commitment to purchase.