GLOPRAGlobal Property Radar

Bulgaria new home completions 5,325 in third quarter 2026

Bulgaria completed 5,325 new dwellings in the third quarter of 2026, a third of them in Sofia, with average new-home living space at 72.0 square metres.

The facts

  • Bulgaria's National Statistical Institute published preliminary third-quarter figures on 6 November 2026: 1,330 newly built residential buildings containing 5,325 dwellings.
  • Total useful space came to 534.8 thousand square metres and living floor space to 383.2 thousand square metres, giving an average living floor space of 72.0 square metres per new dwelling.
  • Sofia (Stolitsa) district accounted for 205 buildings with 1,893 dwellings. Plovdiv district built almost the same number of buildings, 202, but only 480 dwellings in them; Varna district had 146 buildings with 545 dwellings.
  • Average living floor space per new dwelling was largest in Silistra district at 126.9 square metres and smallest in Burgas at 52.4 square metres, with Razgrad at 57.3 square metres.
  • Houses made up 76.8% of the new buildings and blocks of flats 16.2%. Steel-concrete construction accounted for 73.8% and panel construction for 0.4%. Two-room dwellings were 37.8% of the new stock and three-room dwellings 35.6%.

What it means for your money

  • Most of Bulgaria's new stock is houses, and most new flats have two or three rooms. That is the competition any resale will face.
  • Glopra's latest snapshots put Bulgaria at 2,312 USD per square metre nationally and Sofia at 4,412 USD per square metre, so a buyer in the capital pays close to double the national rate for the one district absorbing about a third of the quarter's new dwellings.
  • The gap between Burgas at 52.4 square metres and Silistra at 126.9 square metres shows how differently new supply is sized across the country, which changes both the rent a unit can command and the pool of buyers available on exit.

What to watch

  • The release prints no comparison with the previous quarter or with the third quarter of 2025, in counts or in percentages, so on its own it says nothing about whether building is speeding up or slowing down.
  • The figures are preliminary, and the institute notes that the building count for Sofia (Stolitsa) excludes Pancharevo because the district administration refused to provide information.
  • A definition change applies from 2025: useful floor space is now taken from the total area of the dwellings, where until the end of 2024 it was living floor space plus service floor space. The 534.8 thousand square metre figure is therefore not comparable with releases from before 2025.

Sources: National Statistical Institute https://www.nsi.bg/en/press-release/short-term-statistics-of-residential-buildings-third-quarter-of-2026-preliminary-data-9207

Market data: Bulgaria · Burgas · Varna · Sofia