Cost of labour and building work

I've certainly heard that range of cost. But it's a "piece of string" type question, as you know, because it depends a lot on what kind of quality of construction, how much thermal insulation, how big/how many floors, and to what stage of construction (Act 14, Act 16, fully finished).

I recently found a Bulgarian construction company which does prefabricated that looks like normal houses (and they qualify for mortgage financing). They are sweethomebulgaria.com and they've built some very nice houses.

They have a pricing page, and they have 3 stages ("rough construction, standard, to the key" which I think are equivalent to the above) at 219+VAT, 449+VAT, 539+VAT. I reckon these prices have to be in the ballpark of traditional construction, otherwise they don't get much business.

Applying these, it suggests that shell construction of a 120 m2 house, might be around 32k euros. While a full finished 180 m2 house would be more like 120k euros.

I've had some locals in for renovation work. But as a stupid foreigner, I feel it would be a big risk for me to let them loose with 100k plus euros to build a whole house. But if you speak Bulgarian, or you have friends in high places, or you can find a reputable builder, perhaps it's a different story.

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Many thanks for your reply. Much appreciated.