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The construction market in Bulgaria in 2013 showed signs of resurrection, shows an analysis of the National registry of new buildings.
According to the data, there was an increase in demand and investments in vacation homes and office space.
The growth in construction in 2013 placed Sofia on the top place in built-up area in Bulgaria.
The demand of apartments in Sofia spurred a 15% growth in construction of residential buildings. The office buildings construction increased by 28%.
According to the registry, the demand of vacation homes drove the construction sector in Varna.
In 2013 the overall construction of residential buildings in Bulgaria grew by 16%. The forecasts are that this year the revival of the construction sector in the country will continue.
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Recent data from Eurostat unveils a significant downturn in Bulgaria's construction industry, showcasing a more pronounced dip compared to the EU's overall production metrics
Excitement mounts as the Regional Ministry announces the commencement of the much-anticipated highway construction linking Ruse to Veliko Tarnovo, set to kick off this Sunday.
In a recent report released by the National Statistical Institute (NSI), November 2023 witnessed a diverse range of shifts in Bulgaria's business climate index across significant industries
Preliminary data from the National Statistical Institute reveals a decrease in the number of residential buildings and dwellings constructed in Bulgaria during the July-September period
Output in the construction sector of the EU, and in particular the Eurozone, rose steadily for the second month in a row since the start of 2023, while construction in Bulgaria fell, erasing a weak increase in January
The business climate in industry and commerce in Bulgaria improved in January, while it worsened in construction and services
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
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This information was shared during the presentation of data on the current state of the market to journalists
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