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The Bulgarian Construction Sector

The Bulgarian Construction Sector

Sector Overview

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.

Bulgarian Vacation Villages

Vacation Villages and Complexes Construction in Bulgaria

The major Bulgaria summer and winter destinations have seen serious construction of apartment complexes and vacation villages.

Residential Construction 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.

Commercial Construction In Bulgaria

Commercial Construction 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.

Commercial Office Construction in Bulgaria

Commercial Office Construction in Bulgaria

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.

Industrial Construction in Bulgaria

Industrial Construction in Bulgaria

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.


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Private Sector External Debt of Bulgaria

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Cost of Construction in Bulgaria
Cost of Construction in Bulgaria
Cost of construction is about 4-5 times cheaper than the one in Western Europe ... More

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