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

Bulgaria's Fiscal Council recommends introducing budget savings measures in 2026 state budget

In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..

published on 10/28/25 11:51 AM

No disruptions or price increases expected on Bulgaria’s fuel market

No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..

published on 10/24/25 10:22 AM

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..

published on 10/22/25 2:38 PM