In 2024, the average price of arable land transactions in Bulgaria reached 1,697 BGN (867.66 EUR) per decare. Compared to the previous year, the price of arable land increased by 5.9%, indicate data from the National Statistical Institute (NSI). Compared to the previous year, there was an increase in the price of arable land transactions in five Bulgarian regions: the Northwestern, North Central, Northeastern, Southeastern and Southwestern regions. A price decrease was recorded only in the South Central region.
In 2024, the average price of arable land rents was 60 BGN (30.68 EUR) per decare. Compared to the previous year, the rent payments decreased by 3.2%. A decline in the average rental price was observed in the North Central, Northeastern, Southeastern and South Central regions. The price paid for rent/lease of one decare in the Northwestern and the Southwestern regions remained unchanged.
For comparison, in 2017, the average price of arable land in Bulgaria was 870 BGN (444.82 EUR) per decare.
Edited by Miglena IvanovaPublished and translated by Kostadin Atanasov
Photo: Veliki Preslav Municipality
Bulgarian Patriarch Daniil has served a festive liturgy and water blessing for the feast of the Procession of the Holy Cross of the Lord in the St. Sophia church in Sofia. After the service, together with President Rumen Radev, the two launched the..
The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is by 0.09% compared to July, when it was 1.91%. The simple annual interest rate is being reduced..
The jury at the International Triennial of Stage Posters and the Ministry of Tourism awarded three equal prizes and 8 incentive prizes for tourist posters on the subject of “Bulgaria”. The jury, headed by Prof. Bozhidar Yonov, reviewed 144 posters..
Firefighting equipment should be purchased for the Air Force, where an organisation and crew are already in place , rather than for the Ministry of the..
On Thursday, minimum temperatures will range from 15 to 22°C , in Sofia – 16°C. Heavy rain clouds will develop from the southwest to the east-northeast..
One of the most prominent international journalists in Bulgaria, Konstantin Ivanov, passed away on July 28, 2018, at the age of 87 , announced the Union..
Partly cloudy, chance of rain
Partly Cloudy
Overcast, rain
Rain
Mostly Cloudy