The price of agricultural land in Bulgaria will continue to decline for at least the next two years. The data comes from the Bulgarian Association of Agricultural Land Owners (BAALO) and shows that the agricultural land market in the country is highly fragmented and corporate buyers have withdrawn from it over the last year.
According to BAALO, the main reasons for this are the war in Ukraine, issues with the Green Deal, and the drought, which led to lower yields. As a result of all this, the price has dropped by 20% in the last year alone.
The most expensive land in the country is in Dobrudzha, with prices reaching up to 3,000 BGN (EUR 1,500) per decare. In Southeastern Bulgaria, prices are around 800 BGN (EUR 400) per decare, while in Southwestern Bulgaria, there are almost no deals. The price for renting agricultural land is 70-90 BGN (EUR 35 to 45) in Northern Bulgaria and 50 BGN (EUR 25) in Southern Bulgaria.
The main buyers remain agricultural producers, who prefer to cultivate their own land rather than rented land.
On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..
The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..
Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..
Overcast, rain
Rain / Snow
Cloudy
Scattered showers
Cloudy
Rain