AGRICULTURAL LAND

In 2011 the market of agricultural land in Bulgaria went back to the levels before the recession. 1 200 000 dka of land have been sold and only in July 124 000 sales took place. In 2008, which was the best year before the recession, in 122 000 deals were sold 1 240 000 dka of land.

The average price of the land is 345 levs (170 Euros) per dka, for comparison in 2010 it was 320 levs (160 Euros), while in 2008 – 350 levs (175 Euros).

According to analysts, agricultural land proved to be a stable asset in Bulgaria and this has attracted investors.

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Category: Bulgaria, Property | Tags: , Comment »


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