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

Minister Petar Dilov: VMZ-Sopot will not be privatized

There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..

published on 4/8/25 12:04 PM

Only 27 out of 100 real estate transactions in Bulgaria involve mortgage loans

In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..

published on 4/5/25 10:24 AM

Real estate prices along the Black Sea coast have continued to grow, though more gradually

The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...

published on 4/3/25 7:15 AM