Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Drought and pandemics have put land market under strain

Photo: baszz.net

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.



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

New law regulates the crypto-asset market in Bulgaria

The parliament has adopted the Crypto-Asset Markets Act on second reading. It regulates trading in this type of instrument according to European regulations, reporter Maria Fileva informed. The law gives the Financial Supervision..

published on 6/20/25 4:28 PM
Executive Director of Maritsa East 2 Thermal Power Plant EAD Diyan Dimitrov (left) and Minister of Energy Zhecho Stankov at a briefing at the company's headquarters, June 20, 2025.

Maritsa East 2 TPP to provide 50% of the electricity for households

The Maritsa East TPP complex will supply 50% of the energy for household consumers in Bulgaria. This was made clear at a briefing of Energy Minister Zhecho Stankov in Maritsa East 2 TPP, BTA has reported. The minister..

published on 6/20/25 3:40 PM

Rhythm of Bulgaria Festival brings together lovers of Bulgarian folklore in Lovech

Thirty ensembles from all over the country are participating in the tenth edition of the National Folklore Festival "Rhythm of Bulgaria" in Lovech. They will perform on stage in the "Varosha" district, BTA reported. The event starts..

published on 6/20/25 2:20 PM