Completed residential builds see 32% grow in Bulgaria

14 February 2023

The number of new residential buildings completed in Bulgaria in the last quarter of 2022 grew by 32 percent year-on-year to 1,613, according to the statistical office. The total usable space of newly built dwellings in the fourth quarter increased by an annual 19 percent to 631,461 sqm.

The highest number of residential buildings completed, 296, was registered in the capital Sofia, followed by the cities of Plovdiv and Varna, with 232 and 182 buildings, respectively.

Houses represented 81 percent of all new residential buildings completed in the fourth quarter of last year, while apartment buildings accounted for 13 percent.

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