50.7% Growth of Issued Building Permits in Bulgaria

Business » INDUSTRY | August 2, 2017, Wednesday // 11:42
Bulgaria: 50.7% Growth of Issued Building Permits in Bulgaria Source: Pixabay

In the second quarter of 2017 local authorities issued building permits for 1647 residential buildings with 5815 apartments in them and 781,456 sq.m of built-up area, reported by the National Statistical Institute (NSI).

The construction of 40 administrative buildings and offices with 74 019 square meters of total built-up area and of 1 968 other buildings with 948 262 sq. m.

Compared to the previous quarter, the issued permits for construction of residential buildings increased by 50.7%. The residential flats in them have a 23.9% growth and their total built-up area increased by 31.3%. The issued permits for construction of administrative buildings are 37.9% more, while their total built-up area decreases by 4.2%.

Construction of the largest number of new buildings started in the following areas: Plovdiv - 230 residential, 6 administrative and 146 other buildings; Stara Zagora - 84 residential, 3 administrative and 200 other buildings; Sofia - 101 residential and 175 other buildings; Bourgas - 118 residential and 111 other buildings.

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