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

Pandemic and drought bring down price of arable land

Photo: BGNES

The price of arable land, and the rent from it, has dropped for the first time after 8 straight years of increase, National Statistical Institute data show.

In 2020, owing to the pandemic the average price of one hectare of arable land in Bulgaria was 5,330 euro, whereas one year earlier the price was 5,380 euro. Seven years ago one hectare cost 3,620 euro – prices excluding VAT and notarial fees. Rent has also dropped by 6.1% - from 25 to 235 euro per hectare. 



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

120 kg of gold seized at Capitan Andreevo BCP

Customs officials have seized a record 120 kg of gold at the Kapitan Andreevo checkpoint on the border with Turkey. Gold bars, coins and jewellery were seized. The driver, a Bulgarian national, was arrested and charged. Another man with Bulgarian and..

published on 9/13/24 3:53 PM
Graf Ignatievo Air Base

UPDATED: Two pilots killed as military plane crashes while training for air show

Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the Defence Ministry said. The accident occurred during preparations for tomorrow's demonstrations to..

published on 9/13/24 1:56 PM

President Radev urges Skopje to be realistic in bilateral relations

Bulgaria has always been open to dialogue with North Macedonia and expects that this dialogue will contribute not only to our cultural rapprochement, but also to the strengthening of economic cooperation. We expect that this dialogue will finally..

published on 9/13/24 1:47 PM