Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Boyko Borissov: I did not propose Daniel Mitov as Foreign Minister

The leader of GERB Boyko Borissov said that he did not propose the deputy chairman of the party Daniel Mitov to become caretaker foreign minister. In his words, Mitov only coordinated with him whether to accept the post. "I do not want and have no..

published on 4/18/24 2:11 PM

Outgoing Dutch PM backs Bulgaria for Schengen accession by land

Bulgarian Caretaker Prime Minister Dimitar Glavchev has met with the Prime Minister of the Netherlands Mark Rutte , the press service of the Council of Ministers announced. The talks were held at the invitation of Rutte in the framework of the..

published on 4/18/24 1:07 PM
Caretaker Premier Dimitar Glavchev

Caretaker Premier Glavchev is open to dialogue with President Radev

''I am ready for a dialogue with the president at any time, as I have done so far'', said caretaker Prime Minister Dimitar Glavchev regarding the proposed changes in the composition of the caretaker cabinet. ''The responsibility for the ministers I..

published on 4/18/24 12:03 PM