Home Sweet Home: The Reality of Housing in Bulgaria Revealed
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
The number of newly built housing structures in Bulgaria increased by 8,5% in 2008 year-on-year reaching 2 926 for the year.
The number of newly built apartment have grown by 10,9% to 20 924 for the same period, National Statistical Institute report showed Friday.
The largest number of new buildings is in the Black Sea coast city of Varna. In 2008, 622 buildings with 4 298 apartments were constructed there.
Varna is followed by Bulgaria's second biggest Black Sea cost city of Burgas. 530 new buildings with 5 305 apartments were raised there for the dame period.
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New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
The housing market in Bulgaria witnessed mixed trends in the fourth quarter of 2023, with overall prices experiencing a modest increase of 1.2%
Bulgaria witnessed a staggering surge in mortgage loans in 2023, totaling a monumental BGN 6.39 billion
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
This information was shared during the presentation of data on the current state of the market to journalists
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