The prices of agricultural lands in Bulgaria are among the cheapest in European Union
The prices of agricultural lands in Bulgaria are among the cheapest in European Union, a new study shows. According to rating advisory firm “Savills”, based on Eurostat and other sources during the period 2007-2009, the prices of the agricultural land in Bulgaria has third rank among the lowest levels in the EU. Cheaper prices are only in Lithuania and Slovakia.According to the information, the property prices in Bulgaria at the end of 2008 are on average around 170EUR per 1000sq.m.
For comparison, in Ireland, which was on first place for the same year 2008, the prices have been more than 40000EUR per hectare.
Statistic from 2000 to know shows that the prices in Romania, that for the last few years have been of fourth place, were lower than those in Bulgaria till 2006.Then the prices in our northern neighbor began to grow rapidly and till 2009 reached 3500EUR per hectare.
The prices in Bulgarian for agricultural land passed the limit of 1000EUR per hectare in 2006,but the place of growth remain much slower than all the countries in Central and Eastern Europe. The prices in Hungary are comparable to those in Romania, but the prices in Poland are the most higher in the region starting from 5000EUR per hectare at the end of 2009.
The main reasons for increases of the agricultural land prices are the agricultural subsidies and improving economies in the region since the adoption of EU countries.
Probably the best estate agent in Bulgaria. As a recently married couple looking to give up the grind of 8-6 mon-fri rat-race lifestyle... but without enough money to actually do so at home in the UK. We have always been adventurous, but after watching the series ‘Ben Fogle: New Lives in the Wild’, the idea of just quitting our jobs and moving away to start something completely new, suddenly seemed very doable. We turned to the internet for answers and based on the budget we had and the lifestyle/climate we were looking for, Bulgaria seemed to be the place for us. So after hours of trawling through websites, and countless emails back and forth with various estate agents throughout Bulgaria, it quickly became apparent that there is a lot of choices out there and ‘viewing trip’ was in order to see it for ourselves. We booked some tickets and flew over to see how it could be possible to buy a whole house for less than your standard deposit back home. In order to view some of these properties, in the beginning, we were in talks with a number of different agents and even a lawyer!, but the only person who actually seemed to care about helping us find our dream home that was right for us (and not about taking our money), was a lady called Kiki from BulgarianHouse.com. So after coming home, now with a better understanding of what your money can buy, the different things to look out for and the vastly different regions of the country, we asked Kiki to assist us with our search. With this newfound knowledge and her help, we quickly condensed a list of 30 potentials down to just 2, and then after Kiki did some investigation into the legal side of both the properties, we made our choice. When it comes to customer service, she helped us every step of the way, from suggesting houses that offered what we were looking for to guiding us through the legal process and completing the sale. She has consistently delivered on her promises and has always been just a phone call or message away - Which actually helped alleviate a lot of the possible anxiety linked to buying a house in another country… Not to mention choosing to do right in the middle of the Brexit negotiations. To be honest, the whole process has been a breeze with her help and I would certainly recommend her and BulgarianHouse.com to anyone who is looking to do the same. Now the sale is complete and the house is ours, we couldn’t be happier and plan to take the leap in the new year. Thank you for all your help Kiki Tia and Lee
— Lee and Tia, United Kingdom