Land deals shrank in 2020 and prices fell, Stayko Staykov, chairman of the Bulgarian Association of Agricultural Land Owners, has told the BNR's Horizont program.
The whole of eastern Bulgaria has been drastically affected by drought and this put the market in Dobrudzha under strain. The prices there are below 1000 euros per decare. Unexpectedly, there has been equalization with the prices of land in northwestern Bulgaria. Land in southern Bulgaria is the cheapest; in Haskovo, Kardzhali, Strandzha - Sakar. There is not much supply, too. During a pandemic land is sold only in exceptional circumstances. Disagreements between many industry organizations have been hampering the adoption of a new Land Act. Bulgaria is the only country in the EU without a common Chamber of Agriculture, Staykov added.
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