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Residential construction continues to accelerate

08-09-2016

According to the NSI, 521 residential properties were commissioned in the II quarter of 2016, of which private houses accounted for 72.6% and multistorey new buildings for 15.3%.

The leaders in residential construction were Plovdiv (81), Burgas (80) and Varna (79). Two-room apartments accounted for 39.1% of all homes, three-room apartments for 27.9% and larger homes for 2.7%.

On the coast, homes of up to 50 m² are generally built. In Plovdiv, Gabrovo and Veliko Tarnovo, apartments larger than 80 m² are the most popular.

Average prices per square metre were €770 in Sofia, €720 in Varna, €540 in Burgas and €530 in Plovdiv.

Source: Russian Bulgaria

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