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

Inflation, good harvests and high rental rates make price of agricultural land jump

Photo: BGNES

The most expensive Bulgarian agricultural land in Dobrudzha has reached a new peak in the price of over 2,000 euros per decare in some deals, real estate brokers in Dobrich region have told BTA. There is great interest in agricultural land as the safest investment, so the market is turbulent and prices are going up.

 For a few months the price rise has risen by about 30%. The rise in prices is also due to the good rental rates that agricultural cooperatives pay to owners. In 2021 they were about 90 euros per decare, as the sum is not subject to taxation.




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

Krassen Stanchev

Despite the political crisis in the country, the economy is developing steadily, Krassen Stanchev says

The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..

published on 8/22/24 11:22 AM

Bulgarian government approves a €120m solar panel project with Smart Solar Technologies AD

The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant."  This project will be..

published on 8/21/24 2:40 PM

Families are taking out more quick loans to cover consumer expenses

For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..

published on 8/19/24 8:50 AM