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
As autumn is in full swing, the real estate market in Bulgaria remains stable and active in anticipation of the eurozone entry.
Property prices continue to rise, and interest in new-build projects remains strong, especially for modern complexes with guaranteed quality. The year also appears to be one of the strongest for a rise in demand for rural houses which are offered in quite ...
The real estate market in Bulgaria's major cities is calmer than expected, just months before Bulgaria joins the eurozone. The euphoria and large sales volume remained in the first half of the year, until the decision to accept the country into the eurozone. This was commented on by Polina Stoykova MRICS, Managing Director and co-owner of the real estate agency Bulgarian Properties, during the Rea...
Twenty years ago, Bulgaria became one of the most attractive destinations for British buyers searching for affordable holiday homes and retirement havens. Now, two decades later, the trend is back – and stronger than ever.
One of the many inspiring stories we’ve witnessed recently is that of Yossef, a buyer from the UK who came to explore Bulgaria with the hope of find...
🏆 Your Trusted Partners in the Peak of the Real Estate Season!
As autumn settles in, the property market in Bulgaria is showing no signs of slowing down!
Between national holidays, the start of the school year, and the buzz of city life, we at BULGARIAN PROPERTIES have been working at full speed to bring buyers and sellers together in successful transactions...
