Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Pandemic and drought bring down price of arable land

Photo: BGNES

The price of arable land, and the rent from it, has dropped for the first time after 8 straight years of increase, National Statistical Institute data show.

In 2020, owing to the pandemic the average price of one hectare of arable land in Bulgaria was 5,330 euro, whereas one year earlier the price was 5,380 euro. Seven years ago one hectare cost 3,620 euro – prices excluding VAT and notarial fees. Rent has also dropped by 6.1% - from 25 to 235 euro per hectare. 



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

Poll: 40% of Bulgarians would donate organs after their death

Organ donation is approved by 62% of Bulgarians, 18% disapprove and 20% cannot decide. These are the results of a nationally representative survey conducted by Trend Agency on behalf of the Executive Agency for Medical Supervision between 16 and 22..

published on 3/31/25 5:12 PM

Bulgaria's second-largest coal-fired power plant shuts down, workers laid off

Today is the last day of operation of Bulgaria's second largest coal-fired power plant, ContourGlobal Maritsa East 3 TPP. From tomorrow, 130 of the company's 160 employees will be laid off.  In recent weeks, the state, which has a 27% stake in the..

published on 3/31/25 3:07 PM
King Abdullah II of Jordan

King Abdullah II of Jordan visits Sofia to co-chair high-level meeting

Bulgaria and Jordan will co-chair a high-level meeting in Sofia as part of the Aqaba Process Initiative . At the invitation of Bulgarian President Rumen Radev and His Majesty King Abdullah II of Jordan, heads of state, government officials,..

published on 3/31/25 2:44 PM