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Date stated in the original: 30 April 2016. Review note: 6 November 2026.

The text of the original article

Bulgaria: agricultural land prices on the rise — image from the original website

Agricultural land prices in Bulgaria

Agricultural land prices and rents in 2015. In 2015, the average price of one decare (1,000 sq m) was BGN 732, up 7% on 2014. Year on year, the largest increases concerned orchards (+9.1%) and arable land (+7.5%); prices fell for vineyards (−24.8%) and pastures (−7.7%). In detail: arable land BGN 761, orchards BGN 480, vineyards BGN 339 and pastures BGN 227. The North-East remained the most expensive region at BGN 1,040 per decare, followed by North Central (BGN 820), North-West (BGN EUR 708), South-East (BGN 636), South-West (BGN 415) and South Central (BGN 442). The average agricultural land rent in 2015 was BGN 42 per decare (+2.4% on 2014). By land-use category, average rents were BGN 44 for arable land, BGN 32 for orchards, BGN 36 for vineyards and BGN 18 for pastures. By region: North-East BGN 63, North Central BGN 52, North-West BGN 40, South-East BGN 31, South Central BGN 27 and South-West BGN 20.