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

Price of agricultural land has risen by nearly 50 percent for 6 years

Photo: BGNES

The price of arable land in Bulgaria has risen by over 47% for 6 years, the National Statistical Institute reported. In 2014, the average price was 362 euros per decare and in 2020 it was 533 euros. The biggest rise is seen in the southeastern region of the country -  over 79%. Agricultural land there used to be cheaper, which made it attractive to investors.

The price of land in the northeast region of Dobrudzha rose by 51% and is sold for 752 euros per decare or 255 euros more in comparison to 2014. The lowest price rise was marked in the southwestern region - 21%. The price of meadows and pastures has risen by just 9 percent. The rent per decare remains low, as the price ranges between 25 and 30 euros.




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

Bulgarian farmers to receive EUR 102 million under the so-called "Ukrainian aid"

On October 10, farmers will receive transfers totaling BGN 200 million (EUR 102 million) under the so-called "Ukrainian aid", announced caretaker Minister of Agriculture and Food Georgi Tahov. At a meeting with representatives of the agricultural..

published on 10/10/24 1:02 PM
Vladimir Malinov

LNG terminal in Alexandroupolis is already contributing to competitiveness, says Bulgarian energy minister

The liquefied natural gas (LNG) terminal at Alexandroupolis, of which Bulgaria is co-shareholder, is already contributing to competitiveness in Greece and Bulgaria, but also in the entire region, said caretaker Energy Minister Vladimir Malinov after..

published on 10/9/24 11:45 AM

Japanese business delegation visits Sofia

At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and..

published on 10/9/24 9:21 AM