🇷🇸 Serbia · Construction cost guide · Updated 2026

How much does it cost to build a shop in Serbia?

Building a shop in Serbia typically costs $93,840 to $187,680 in construction cost — roughly $782–$1,564 per square metre over 120 m² of floor area. That excludes land, professional fees and statutory charges.

Serbia is a relatively low-cost construction market — it ranks 85 of 200 countries on our construction cost index, at about 46% of United States build costs. This page prices a shop — single retail unit with a shopfront, back store, staff WC and basic fit-out — at 120 m² of gross floor area, then breaks the cost down element by element so you can see where the money actually goes. Costs are quoted in USD for comparability; the local currency in Serbia is RSD (Дин.), and a bill of quantities generated from your own drawings is priced in RSD using the Elemental cost breakdown standard.

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Total construction cost
$93,840 – $187,680
Cost per m²
$782 – $1,564
Gross floor area
120 m² · 1 storey

What is being priced

The figures on this page price a shop in Serbia at 120 m² of gross floor area over 1 storey, specified as single retail unit with a shopfront, back store, staff WC and basic fit-out. Construction cost only — land, professional fees, statutory charges, utility connections and loose furniture are all excluded, and together commonly add another 15–30%.

Cost by specification level

SpecificationConstruction cost (USD)
Basic / low-cost finish$67,565$135,130
Standard finish$93,840$187,680
Premium finish$136,068$272,136
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Where the money goes

Elemental split of construction cost for a shop of this type. Percentages are concept-stage cost-planning proportions; the ranges below apply them to the totals above.

ElementShareCost (USD)
Substructure & foundations
Excavation, strip footings, hardcore, blinding, DPC and ground slab.
15%$14,076$28,152
Walling & superstructure
Masonry, lintels, ring beam and any suspended floor.
22%$20,645$41,290
Roofing
Trusses or rafters, covering, ceilings, fascia and rainwater goods.
14%$13,138$26,275
Internal finishes
Plaster, screed, floor and wall tiling, ceilings and painting.
18%$16,891$33,782
Joinery & fittings
Doors, windows, cupboards, worktops and ironmongery.
9%$8,446$16,891
Services (plumbing & electrical)
Wiring, distribution board, fittings, water reticulation, sanitaryware and drainage.
14%$13,138$26,275
External works & preliminaries
Site setup, supervision, paths, boundary works and connections.
8%$7,507$15,014

Get the real number for your own plans

A benchmark tells you the ballpark. Upload your dimensioned drawings and get an itemised, source-cited bill of quantities priced in RSD (Дин.), measured to the Elemental cost breakdown standard Serbia professionals use.

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Building shops in Serbia — frequently asked

How much does it cost to build a shop in Serbia?

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Building a shop in Serbia typically costs $93,840 to $187,680 in construction cost — roughly $782–$1,564 per square metre over 120 m² of floor area. That excludes land, professional fees and statutory charges. At a basic specification the same building lands nearer $67,565–$135,130; at a premium specification, $136,068–$272,136.

What is the cost per square metre in Serbia?

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About $782–$1,564 per m² for this building type at a standard finish. Per-m² rates rise with storey height (frame, cores and cranage) and with specification, and fall on simple single-storey plans.

What is the biggest cost item?

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Walling & superstructure — about 22% of construction cost, or $20,645–$41,290 on this build. Masonry, lintels, ring beam and any suspended floor.

Does this include land, fees and furniture?

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No. These are construction costs only — materials, labour, plant and site preliminaries. Land, statutory approvals, professional fees, connections, landscaping and loose furniture are all additional, and together commonly add 15–30% on top.

How do I get an accurate figure for my own plans in Serbia?

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Benchmarks give you the ballpark; a measured bill of quantities gives you the number. Upload your dimensioned floor plans to Enormous Buildings and get an itemised, source-cited BoQ in RSD in the Elemental cost breakdown format that Serbia quantity surveyors and lenders expect — free to preview.

Why do build costs vary so much between countries?

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Three things dominate: labour cost, how much of the material basket is imported, and the code requirements the building must satisfy. Serbia sits at index 46 against the United States at 100, which is why the figures above differ from what you'd see quoted for the same building elsewhere.

Other build costs in Serbia

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