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Residential buildings completed in Bulgaria rise 46.4% y/y in Q4

Residential buildings completed in Bulgaria rise 46.4% y/y in Q4 Author: Antonia Dobreva / License: All rights reserved

SOFIA (Bulgaria), February 7 (SeeNews) - New residential buildings completed in Bulgaria in the fourth quarter of 2019 increased by 46.4% on the year to 1,057, the National Statistical Institute (NSI) said on Friday.

The total useful space of newly built dwellings jumped by 81.4% year-on-year to 422,400 sq m in the fourth quarter, NSI said in a statement.

The highest number of completed residential buildings in the review period was in the capital city of Sofia - 129. Varna and Blagoevgrad followed with 128 and 104 new residential buildings, respectively.

Houses constituted 75.2% of all new residential buildings in the quarter under review.

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