More and more of our compatriots living in Bulgaria are interested, and many have been engaged in agriculture for a long time. Experts deservedly consider this industry to be one of the most promising in the national economy. Over the past five years, the percentage of return on investment capital after taxes has been about 20%. Bulgarian agricultural producers receive financial assistance from the EU, preferential loans from banks, advisory support in local administrations, honor and respect in society. In this regard, we decided to provide on the pages of the MC "Window to Bulgaria" the latest official data on the cost of agricultural land in various regions of Bulgaria, and at the same time to remind you of the rules for its purchase.

The other day National Institute of Statistics The Republic of Bulgaria has published data on transactions for the purchase and sale of agricultural land for 2016. The average cost of one decar (0.1 hectares) in the country was 761 BGN, which is 4% more expensive than in 2015. for the decar. In this part of the country, the most active growth in its value compared to the previous year was also noted: + 11.3%.

This is the dynamics of changes in the price for 1 dca of agricultural land in Bulgaria by region from 2010 to 2016.

Source: money.bg

An analysis by the National Institute of Statistics of Bulgaria showed that the growth rate of agricultural land prices significantly depended on its intended purpose. For example, land with vegetable plantations has risen in price by 11.3% over the year, planted with grapes – by 9.1%, arable land – by only 1.2%. Permanently sown with grass (Postoyanno zatprevenite ploshchi-bolg.) increased in price most significantly – by 19.4%.

Such a direction of activity as the lease of farmland in Bulgaria also looks promising. In 2016, the average price per 1 dca was BGN 44, which is 4.8% more than in 2015, and the area planted with vegetable crops increased in price by 28.1% over the year, and vineyards only by 13.9%. The most expensive for the tenant was farmland in the North-Eastern region of the country – 64 BGN. for 1 dka. In the period 2015-2016, an increase in prices for renting agricultural space was observed throughout Bulgaria. The only exception was the "South-Central" region, where the price for the specified period decreased by 3.7%.

HOW TO BUY?

For non-EU citizens, there is only one way – Registration of a Bulgarian legal entity and registration of agricultural land for it. This is one of the services, which is provided to its clients by the Migration Center "Window to Bulgaria". We draw the readers' attention to the fact that for those wishing to engage in agriculture in Bulgaria, the National Agricultural Advisory Service has been established and is constantly operating – "Natsional'naya sluzhba za sveti v zemedeliyo". Its reception rooms are opened in accordance with the special schedule in communities in all regions of the country. At the reception, you can get the most up-to-date information about EU support programs, the most promising areas of agricultural activity and other important and useful information free of charge.

MC "Window to Bulgaria"
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