NSI population and housing census data: Number of homes in Bulgaria increased by 5.4% in the last decade

2011-10-14   |  Polina Stoykova, Chief Operations Manager of BULGARIAN PROPERTIES

At the beginning of the last quarter the Bulgarian National Statistical Institute (NSI) published the final data of the population and housing census that took place in early 2011. This is an overview of the data showing the interrelations between the demographic trends, the real estate market and the quality of the housing stock.

The main highlights of the analysis of the data are as follows:
- population decline in Bulgaria
- increase in the housing stock
- improvement in the quality of the properties and the public utility access in the homes
- the property market is returning to the fundamental demographic factors

Population and housing stock

According to census data the population in Bulgaria has declined by 7% and the number of homes in the country has increased by 5.4% compared to the 2001 census – from 3,688,802 homes in 2001 to 3,887,076 in 2011. Even here there is a discrepancy between the demographic trends and the property market. Still, it has to be noted that the increase in the housing stock is relatively small against the property boom of the last decade and the increase reported in previous censuses (for example, in the 1990s the number of homes increased by 20%). The biggest increase in the number of homes for the period 2001-2011 is in the regions of Bourgas and Varna. This is due to the dynamic construction in the cities themselves and to the construction on a mass scale of holiday homes in the resorts in these regions.

Receive BULGARIAN PROPERTIES' full analysis on your e-mail

Copyright: 2011 Bulgarian Properties Ltd. All rights reserved. For further information or advice please contact us on tel.: +359 2 9 11 50 or e-mail: info@bulgarianproperties.com. The use of this article by third parties is allowed only with proper quotations of the source www.BulgarianProperties.com and the Author of the article. The data in this material has been collected by the Author and Bulgarian Properties Ltd. and is presented for information purposes only. We have made every effort to ensure the accuracy of the data. However, Bulgarian Properties Ltd. cannot be held responsible for loss or damage as a result of decisions made based on the information presented in this article.
© Bulgarian Properties Ltd. 2011.

  Read more news

Vitosha View - an exclusive residential development in Sofia
Vitosha View is a gated complex at the foothills of Vitosha Mountain. It offers urban environment combined with the home atmosphere and the greenery of a beautiful garden. Vitosha View enjoys an attractive location and is perfect for investment in the Bulgarian capital.
See More
Belle Epoque Beach Residence
French style beach–front residence in the popular beach resort of Lozenets on the Southern Black Sea coast. The complex is completely finished and fully operational. There is a special offer for Summer'2019 – guaranteed rental of 5% annually.
See More

More News

latest news
Official non-working day in Bulgaria

We would like to inform our clients and partners that 22nd September is a National Holiday in Bulgaria in celebration of the country Independence and 23th September will be an official non-working day.

On this day our offices will be closed. We will be back on Tuesday, 24th September.

Please be advised that during the official holiday the banks, the notary offices a...

19 September, 2019
Company news

Hello, September!

The new season has begun and we look forward to seeing you at our offices around the country to fulfill all your real estate dreams and to help you buy, sell or rent property easily and securely, with the highest protection of your interests!

Let's see who our AGENTS OF SEPTEMBER are that we recommend with two hands!

All of them deserv...

04 September, 2019
latest news
Bulgaria Air Launches Joint Flights to Caribbean, Seychelles and Maldives with German Condor

Bulgaria Air starts offering flights to some of the most exotic destinations in the world. The Bulgarian airline has signed an agreement with the German airline Condor, part of the Thomas Cook Group, allowing passengers from Sofia, Varna and Burgas to travel to exotics such as the Caribbean, Seychelles, Mauritius, Maldives and dozens of destinations in Malaysia, with convenient connections via Fra...

02 September, 2019
latest news
Foreign tourists choose to spend summer vacation in Bulgarian mountains

Whether because of the summer heat or the favorable conditions for mountain tourism, the number of foreigners who chose to spend their summer vacations in Bulgarian mountains is on the rise. A popular place is the mountain town of Elena, which attracts with its tranquility and authentic Bulgarian houses that have preserved the spirit of the National Revival period. Along with the Bulgarian tourist...

30 August, 2019


Find a property with the biggest available choice
Choose what marketing communication you would like from us: