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Library Agricultural land market in Bulgaria

Agricultural land market in Bulgaria

Agricultural land market in Bulgaria

Resource information

Date of publication
December 2004
Resource Language

The land fragmentation in Bulgaria is a big problem after the land restitution. As a result of the implementation of the activities according to the Law on Ownership and use of agricultural land, land reallocation plans by Territories Belonging to Settlements (TBSs) were drawn up and came into force for the entire territory of the country. There were established about 10 million land properties, belonging to approximate 2 million owners, which means that the average area of a property is about 0,6 ha, including perennial plantations, meadows, and pastures. I expected on a large size of agricultural property to correspond with the high level of price. But the situation is in opposite. One more time we can notice the difference between North Eastern and South Western part of the country.

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