Weather in Bulgaria on March 20: Sunny Start with Strong Winds and Snow in Mountains
As March 20 approaches, weather forecasts indicate a varied picture across Bulgaria, with conditions ranging from sunny spells to snowfall in the mountains
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The number of new residential buildings completed in Bulgaria in the first quarter of 2016 was little changed on an annual basis, while the number of dwellings in them has jumped by more than 60%, official statistics showed on Wednesday.
Acording to preliminary data, a total of 543 new residential buildings were completed in the first quarter of 2016, an increase of 1.1% over the same period last year, the National Statistical Institute said in a quarterly survey on Wednesday.
The number of dwellings in completed new buildings, however, has increased by 62.9% on the year in the period January-March 2016, reaching 2,291.
Houses accounted for 71% of new residential buildings completed in the first quarter of 2016, followed by blocks of flats with 17%. As compared to the first quarter of 2015 an increase of the number of newly built blocks of flats was observed, the NSI said.
Burgas, Varna and Plovdiv led the list of Bulgarian regions with the largest number of new residential buildings completed in the first quarter of the year.
Newly built dwellings completed in the first quarter of 2016 had total useful space of 192,400 square meters (sq.m.), an annual increase of 45.4%. The living floor space increased by 44.6%, reaching 122,300 sq. m.
Two-room dwellings had the highest share among new residential buildings completed in the first quarter (37.3%), followed by three-room dwellings (29.3%)
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
Russia has issued a stern warning in response to Bulgaria's recent legislative efforts aimed at seizing Russian real estate
With its lively culture and fast-paced lifestyle, Dubai is a captivating destination that entices people from all over the world to its luxurious real estate market.
Petar Mastikov, Chief Analyst at the Bulgarian National Registry for New Constructions and Reconstructions, has sounded a cautionary note, expressing concerns over a possible speculative surge in property prices across Bulgaria once the country enters the
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion