Bulgarian agricultural land prices in 2017 14.6% higher than in 2016
In comparison with previous year in 2017 an increase was reported in the price of arable land - by 13.0%. In permanent grassland the price decreased by 3.4%.
The highest price of agricultural land in 2017 was in Severoiztochen region - BGN 1 1401 per one decar.
The biggest increase in the price per one decar agricultural land in comparison with previous year was reported in the Yugozapaden region - by 83.4%.
In 2017 decrease was observed in the price per one decar agricultural land in Severen tsentralen region - by 13.0%, where the highest increase in the land price per one decar was registered as well, by 11.3%.
The average rent price per one decar hired/leased agricultural land in 2017 reached BGN 46, which was by 4.5% higher than in 2016.
In comparison to the previous year, the increase in the price of arable land was by 6.8%, while the increase in permanent grassland was by 6.7%.
In 2017 the highest price per one decar hired/leased agricultural land was in Severoiztochen region - BGN 67.
An increase of rent payment in comparison to the previous year was observed in all statistical region. ■