Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Average price of 1 decare of farmland in Bulgaria reaches EUR 481

Photo: BGNES

In 2018 the average price of 1 decare (0.1 hectare) of agricultural land in Bulgaria amounted to EUR 481, which is 7.9% more as compared to 2017. Last year the price of farmland increased with 12.6% as compared to 2017, while the price of pastures went down by 16.8% year on year. The price of farmland was highest in Bulgaria’s Northeast region-EUR 688 per decare, while in the Southeast region it remained almost unchanged as compared to the previous year. The price of farmland in Bulgaria’s Southwest region dwindled with 53.4% as compared to the previous year. In Bulgaria’s Northwest and Northeast region it went down by 4.5% and 4.0% respectively year on year. In 2018 the average rental cost paid per decare of farmland reached EUR 24.5, which was 4.3% more as compared to the previous year. Highest rental is paid in Bulgaria’s Northeast region- EUR 35 per decare. In 2018 the price of rental increased in all Bulgarian regions, except for the Central South Region.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

MP Rosen Zhelyazkov, GERB

GERB-SDS submit request for interpretation of provisions of the Constitution

MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..

published on 11/28/24 11:34 AM

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM