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

Photo: Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA)

Bulgaria, Turkiye and Romania meet at business forum in Burgas

A business forum entitled "Strengthening economic ties between Bulgaria, Turkiye and Romania" will be taking place today at the International Congress Center in Burgas .  The main goal of the event is to stimulate trade and economic relations..

published on 3/14/25 6:10 AM

Almost summer temperatures expected in Bulgaria on the last day of the working week

On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be short-term rain in places in the afternoon. There will be a moderate wind, in the regions north of the..

published on 3/13/25 7:15 PM

Bulgaria's Constitutional Court declares the election of 16 MPs illegal, Velichie party above 4% threshold

Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the institution's website. The Constitutional Court's decision makes it clear that after the..

published on 3/13/25 4:35 PM