Text size

Land prices have increased 6 times in a decade

published on 6/8/23 6:18 PM

Photo: Архив

Agricultural land prices in Bulgaria have increased more than 6 times in the last 10 years. If in 2010 one decare (4 acres) of land cost an average of BGN 287 (EUR 146.74), then in 2022 the price is already BGN 2,787 (EUR 1,424.97), according to data from the Association of Agricultural Land Owners in Bulgaria. Traditionally, the most expensive is the fertile land in the Dobrudja plain, but prices are higher there because buyers aim to use it to build RES parks. According to the industry, land fragmentation and lack of irrigation remain the most serious problems facing Bulgarian agriculture. The country has more than 52 million decars of agricultural land, 69% of which is arable.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Association of Agricultural Land Owners land prices

More from category

Bulgargaz proposes 8% increase in natural gas price for November

The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..

published on 10/16/25 5:18 PM

BNB calls on the state to pursue conservative financial policy

The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..

published on 10/16/25 11:28 AM

Bulgaria’s Minister of Finance proposes that December 31 and January 2 be declared non-working days due to euro changeover

For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..

published on 10/10/25 10:30 AM