Construction in Bulgaria Grows For the First Time in 5 Years
For the first time in five years, construction in Bulgaria in 2013 posted a growth, shows the data of the National Registry of New Buildings and Reconstructions.
In the past year the overall construction of new buildings grew by 21.96%.
Highest growth was posted in Sofia – by 28.23%, followed by the Black Sea city of Burgas.
Vacation property construction increased by 19.35%, followed by residential properties – by 16.47%. Construction of office buildings grew only by 3%.
The Registry has been keeping track of all new buildings in the country for 10 years.
- » Bulgaria's Property Prices Up by 12% in Six Months Alone
- » Bulgaria's Sofia Property Prices Up By EUR 100
- » Boom of Administrative Buildings Expected
- » Number of Russians Buying Property in Bulgaria Dwindles in 2 Years
- » Business Property Deals Amount to EUR 225 M for January-September 2016
- » Sofia's Average Price of Real Estate in Construction Higher Than Price of Old Buildings