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30.11.2021 17:26 News >> EU's Agricultural Land Prices: Highest In Netherlands, Lowest In Croatia

EU's Agricultural Land Prices: Highest In Netherlands, Lowest In Croatia

At regional level, Spain's Canary Islands records maximum price.

While the Netherlands saw the highest average purchase price for agricultural lands, Croatia posted the minimum price, the 27-member bloc's statistical office said on Tuesday.
The price per hectare in the Netherlands was €69,632 ($79,142), versus just €3,440 in Croatia, in recent averages announced by Eurostat.
While the average price is around €10,000 across Spain, the highest prices for arable land in the union were seen in Spain's Canary Islands – €120,477 per hectare.
"At the regional level, a hectare of arable land cost least in the South-West region (Yugozapaden) of Bulgaria (an average €2,051)," it added.
Land prices depend on laws, climate, proximity to networks, soil quality, slope, drainage, and market conditions. -



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