Call
Send Email
Messenger
WhatsApp
Permits for 1,477 Residential Buildings Issued in Bulgaria for Last Quarter of 2018
In the last quarter of 2018, the authorities issued building permits for 1,477 residential buildings with 11,682 dwellings and a total area of 1,457,570 sq m, as well as for 33 office buildings of 224,417 sq m and 1,319 other buildings of 780,957 sq m, the National Statistical Institute (NSI) said.
Compared to the same quarter of 2017, the building permits for residential buildings increased by 14%, and the number of dwellings and the area grew by 59.4% and 61.1%, respectively. The permits for new offices went up by 10%, with a six-fold surge in the respective area. For other buildings, the permits rose by 16.7% and the area – by 13%.
Most dwellings are to be built in the Sofia city (5,290), Varna (1,923), Plovdiv (1,263), Burgas (1,113) and Stara Zagora (616).
The construction of 935 residential buildings with 5,881 dwellings and a total area of 757,784 sq m began in the last quarter of 2018, along with 11 office buildings of 9,715 sq m and 624 other buildings of 586,459 sq m. Compared to a year earlier, an increase was observed in the residential segment and other buildings, while the number and area of office buildings that entered construction recorded a decrease.
View our new build residential developments in Sofia
Check the variety of properties in the popular beach resorts
Choose your new home in the sea capital Varna
Comfortable mountain apartments in the popular ski resorts in Bulgaria
Choose your new home in the lovely Bulgarian countryside
Read more news
More News
The first months of 2026, following Bulgaria’s accession to the eurozone, outline a new dynamic in the residential property market. After the record activity in 2025, when many buyers accelerated their decisions in anticipation of the introduction of the euro, the market is gradually beginning to return to a more moderate and sustainable pace.
Although official statistics for the e...
Spring is approaching, and we continue the year with confidence and professionalism!
February confirmed the trend toward a more balanced and sustainable real estate market In Bulgaria after eurozone accession. Activity remains stable, negotiations are more thoughtful, and transactions are well-structured and carefully prepared.
In this environment, our Agents of the ...
On February 24, 2026, the Inter Expo Center in Sofia hosted the first edition of the Real Estate Business Forum for the year, organized by Imoti.net. The event brought together leading experts, managers, and professionals from the real estate sector to discuss the future of the industry, the role of technology, and the changing working environment for agencies.
Among the participant...
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector. The adoption of the euro is no longer an expectation but a reality, and its impact is already visible across residential and investment markets. Greater transparency, improved confidence, and deeper integration with European financial systems are reshaping how property is priced, financed, and perceive...
