Is Agricultural Land in Bulgaria Cheapest in Europe?
The price of the agricultural land in Bulgaria remains one of the lowest in Europe.
Parcellation is the main reason for the decreasing of land prices.
Despite this trend, the market in the sphere is dynamic and the sales have increased by 55% in 2006, and by 36% in 2007.
The demand is mainly directed to the big parcels, which are sold at higher prices.
After Bulgaria’s accession to the EU the value of the agricultural lands has increased.
He emphasized that the county is among the leaders in the list of the states, which attract most foreign investments as this tendency is expected to continue in the coming years.
July 25th, 2008 at 12:29 am
The Bulgarian real estate market is yet another free, unregulated market making it easier and easier to be exploited by developers and investors. There’s no better place in Europe at the moment to invest.
November 13th, 2008 at 8:45 am
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