Construction is everywhere in Bulgaria. Most Bulgarian major cities
and resort destinations have seen a boom in construction in recent
years. Construction of residential, commercial and industrial
properties is a very attractive investment proposition in Bulgaria
since construction and land costs are fairly low, while the demand
for modern and high quality real estate in booming. In addition,
Bulgarian and foreign banks are competing hard in lending money to businesses and households for the
purchase of real estate in Bulgaria.
Improvements of the standard of living of the Bulgarian people and
strong foreign interest have created serious demand for residential
properties in Bulgaria.
In Sofia alone, there are already 5 brand new large shopping malls
and another 8 in progress. Varna will soon have 3 brand new shopping
malls itself. Construction of quality shopping and entertainment
areas has seen a boom in recent years. Major Western European
companies, like Kaufland of Germany, are building large chains of
retail shopping throughout the country.
As Bulgarian businesses are experiencing rapid growth and as foreign
companies are establishing operations in Bulgaria there has been
massive investment in construction of commercial buildings in most
Bulgarian major locations.
As Bulgaria has joined the European Union, projects in the
industrial construction sector are now eligible for EU financing.
Bulgarian offers tremendous opportunities in the construction of
small to medium size factories and this process is quickly
developing throughout the entire country.
Invest Bulgaria Charts
Gross External Debt of Bulgaria Real GDP Growth of Bulgaria See all charts
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