In 2024, the average price of arable land transactions in Bulgaria reached 1,697 BGN (867.66 EUR) per decare. Compared to the previous year, the price of arable land increased by 5.9%, indicate data from the National Statistical Institute (NSI). Compared to the previous year, there was an increase in the price of arable land transactions in five Bulgarian regions: the Northwestern, North Central, Northeastern, Southeastern and Southwestern regions. A price decrease was recorded only in the South Central region.
In 2024, the average price of arable land rents was 60 BGN (30.68 EUR) per decare. Compared to the previous year, the rent payments decreased by 3.2%. A decline in the average rental price was observed in the North Central, Northeastern, Southeastern and South Central regions. The price paid for rent/lease of one decare in the Northwestern and the Southwestern regions remained unchanged.
For comparison, in 2017, the average price of arable land in Bulgaria was 870 BGN (444.82 EUR) per decare.
Edited by Miglena IvanovaPublished and translated by Kostadin Atanasov
Photo: Veliki Preslav Municipality
'The dialogue between employers and trade unions has been restored. Consultations will begin tomorrow at the Ministry of Finance to iron out all the details. The state is committed to supporting every Bulgarian citizen.' This was written by GERB leader..
Bulgarian citizens traveled abroad 829,300 times in October, which is 15% more than in October 2024 , according to the National Statistical Institute. The most popular destinations were Turkey, Greece, Serbia, Romania, Germany, North Macedonia,..
The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..
Cloudy
Scattered showers
Cloudy