Etiket: construction costs Bulgaria
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What’s Coming for Sofia’s Housing Market
Date: March 25, 2025 Executive Summary Sofia, Bulgaria’s capital, faces a looming housing crisis driven by the aging of its panel (EPK/Panelka) constructions, which house 55–65% of its 1.286 million residents. Built during the socialist era (1950s–1980s), these prefabricated buildings are nearing or exceeding their 50–70-year design lifespan, with many suffering from poor maintenance. This…