More Flexibility Given To EU Member States As Regards Direct Payments Distribution
BAALO Insists On Higher Compensation Package In Case Of Compulsory Expropriation Of Agricultural Land
“Agricultural Land Will Continue To Be More Expensive In The Next Ten Years” says Stayko Staykov, BAALO Chairman
Events and Projects
12 - 13 April 2019THE SECONDARY MARKET OF AGRICULTURAL LAND WILL PLAY A KEY ROLE IN THE CURRENT YEAR
During a seminar held in Borovets on April 13th-14th 2019, the Chairperson of the Board of Managers, Stayko Staykov, announced that the agricultural land market was stable and predictable during the past year with a stable minimum growth of agricultural price rates of 5%. He believes that this tendency will continue into the current year with the secondary market increasing its influence. Mr Staykov specified that there is an ongoing purchasing interest towards quality agricultural land which price is defined not only by its climate and terrain specifications but also by the size of the plot, its soil qualities, irrigation availability and contract conditions for renting the land.
27 - 28 April 2018THE AGRICULTURAL LAND MARKET IS STABLE WITH MODERATE PRICE GROWTH IN 2018
During a seminar held in Velingrad on April 27th-28th 2018, the Chairperson of the Board of Managers, Stayko Staykov, announced that according to the Bulgarian Association of Agricultural Land Owners (BAALO), the minimum increase in agricultural price rates during last year was 5%. Mr Staykov believes that after the dynamic development in the period 2007-2015 (except the year 2009), a consistent trend of market stabilisation is observed. The most essential demand is for quality agricultural land in addition to some other factors defining its value such as terrain, land plot size, soil quality, irrigation potential, subsidizing, etc.