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

Inflation, good harvests and high rental rates make price of agricultural land jump

Photo: BGNES

The most expensive Bulgarian agricultural land in Dobrudzha has reached a new peak in the price of over 2,000 euros per decare in some deals, real estate brokers in Dobrich region have told BTA. There is great interest in agricultural land as the safest investment, so the market is turbulent and prices are going up.

 For a few months the price rise has risen by about 30%. The rise in prices is also due to the good rental rates that agricultural cooperatives pay to owners. In 2021 they were about 90 euros per decare, as the sum is not subject to taxation.




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

The World Bank lowers Bulgaria's GDP growth forecast by 0.3%

The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..

published on 6/12/24 10:48 AM
Dimitar Glavchev (L) and Jeyhun Bayramov (R)

Bulgaria is interested in joining as a co-shareholder in a green energy corridor from Azerbaijan to Europe

Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..

published on 6/11/24 5:26 PM

Bulgaria assumes new debt of 200 million euros

While ballots were being counted in Bulgaria and Europe after the parliamentary elections, on June 10 the Ministry of Finance sold government debt for nearly EUR 200 million. It was announced that bonds worth 100 million EUR would be..

published on 6/11/24 9:52 AM