Average price of 1 decare of farmland in Bulgaria reaches EUR 481

Photo: BGNES

In 2018 the average price of 1 decare (0.1 hectare) of agricultural land in Bulgaria amounted to EUR 481, which is 7.9% more as compared to 2017. Last year the price of farmland increased with 12.6% as compared to 2017, while the price of pastures went down by 16.8% year on year. The price of farmland was highest in Bulgaria’s Northeast region-EUR 688 per decare, while in the Southeast region it remained almost unchanged as compared to the previous year. The price of farmland in Bulgaria’s Southwest region dwindled with 53.4% as compared to the previous year. In Bulgaria’s Northwest and Northeast region it went down by 4.5% and 4.0% respectively year on year. In 2018 the average rental cost paid per decare of farmland reached EUR 24.5, which was 4.3% more as compared to the previous year. Highest rental is paid in Bulgaria’s Northeast region- EUR 35 per decare. In 2018 the price of rental increased in all Bulgarian regions, except for the Central South Region.


More from category

Екатерина Захариева

North Macedonia should work to build trust with Bulgaria

The statement of North Macedonia’s President Stevo Pendarovski on Gotse Delchev would have been impossible some years ago, Bulgaria’s Minister of Foreign Affairs Ekaterina Zaharieva said. Now, the Bulgaria-North Macedonia Joint Commission on..

published on 6/26/19 3:15 PM

North Macedonia’s Foreign Minister to solve historical issues with Bulgaria in Sofia

North Macedonia shares big common goals with Bulgaria and Sofia and Skopje will find a way to solve the issues connected with the good neighbor agreement , North Macedonia’s Minister of Foreign Affairs Nikola Dimitrov said. Minister Dimitrov was asked..

published on 6/26/19 2:34 PM

Bulgaria supports Turkish Stream branch passing through the country

There is great potential for deepening bilateral relations in the sphere of energy, where Russia and Bulgaria are long-standing partners. This is what the President of the Bulgarian National Assembly Tsveta Karayancheva said in her statement to the..

published on 6/26/19 12:37 PM