Expectations: Land prices range from 600 to 1,000 euros per decare, with the exception of Silistra and Dobrich.

The agricultural land market in Bulgaria continues to undergo significant transformation. The reduced number of transactions, limited liquidity, and expectations of lower returns are strongly influencing prices and investment decisions. What do the forecasts for the development of the agricultural land market in Bulgaria indicate, commented Evgeniy Orashukov, Chairman of the Board of the Bulgarian Association of Agricultural Landowners (BAAL) in a special interview for Agri.BG. The agricultural land market has changed over the past three years, shifting from a seller's market to a buyer's market. Three or more years ago, demand exceeded supply, but currently, active buyers are significantly fewer, and purchases are very selective. The number of transactions has decreased due to lack of interest, financial liquidity of some buyers, and expectations of lower returns. Large parcels of land are also appearing on the market, but a very high price is being sought, which deters buyers. ...