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Dnevnik |
Friday,
16.09.2022.|
09:47
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Copy linkPrice of Farming Land Hectare in Srem Reaches EUR 42,250
The Vojvodina Region is still at the top of the list when it comes to the prices, but also the number of sold parcels of agricultural land, as shown by the most recent data of the Republic Geodetic Authority.
That land is traded more and more is also shown by the fact that the transactions relating to agricultural parcels in Serbia are 6% higher than last year.
The most expensive square meter of agricultural land was sold in Kac, at a price of EUR 40 for a parcel of 52 ares. The most expensive agricultural land in Serbia in the first half of 2022 was sold in the municipality of Coka, at a price of EUR 2,360,000 for 163 hectares.
– The following of the trends of the prices of agricultural land shows an increase in the prices in the first half of 2022 of 14% compared to the same period last year. The highest prices were recorded in the territory of the Srem District, and the lowest ones in the Toplica District. The average price of agricultural land in the first half of this year is around EUR 7,200 per hectare. The prices range between below EUR 300 to over EUR 42,250 per hectare – the Republic Geodetic Authority announced.
The most expensive hectare of land is in the Srem District and it costs EUR 42,250, whereas three years before, it was half that price, amounting to EUR 20,900. The Belgrade Region is in the second place, and one hectare here costs EUR 36,250, whereas in 2019, it cost EUR 19,469. In the South Backa District, the price of a hectare is also very high, amounting to EUR 31,800, whereas in 2019, it was EUR 22,250.
Real estate agents say that the prices of agricultural land are even higher than those shown in the RGA report. The director of the Solis Nekretnine agency, Dragan Rabatic, said that there was not a lot of agricultural land on offer, and that the price depended on land class, parcel size and all the benefits such as: irrigation, road availability, whether the land is under lease and so on.
– Large pieces of land are sought, so consolidated parcels are sometimes more expensive per hectare than small ones – Rabatic says. According to him, the purchasers are classic investors who have recognized a good opportunity for an investment, who receive income through a lease, or large agricultural producers who need land in order to continue their activity. That number of purchasers, as he clarified, is not big, but they are ready to buy and they know what they are seeking.
That land is traded more and more is also shown by the fact that the transactions relating to agricultural parcels in Serbia are 6% higher than last year.
The most expensive square meter of agricultural land was sold in Kac, at a price of EUR 40 for a parcel of 52 ares. The most expensive agricultural land in Serbia in the first half of 2022 was sold in the municipality of Coka, at a price of EUR 2,360,000 for 163 hectares.
– The following of the trends of the prices of agricultural land shows an increase in the prices in the first half of 2022 of 14% compared to the same period last year. The highest prices were recorded in the territory of the Srem District, and the lowest ones in the Toplica District. The average price of agricultural land in the first half of this year is around EUR 7,200 per hectare. The prices range between below EUR 300 to over EUR 42,250 per hectare – the Republic Geodetic Authority announced.
The most expensive hectare of land is in the Srem District and it costs EUR 42,250, whereas three years before, it was half that price, amounting to EUR 20,900. The Belgrade Region is in the second place, and one hectare here costs EUR 36,250, whereas in 2019, it cost EUR 19,469. In the South Backa District, the price of a hectare is also very high, amounting to EUR 31,800, whereas in 2019, it was EUR 22,250.
Real estate agents say that the prices of agricultural land are even higher than those shown in the RGA report. The director of the Solis Nekretnine agency, Dragan Rabatic, said that there was not a lot of agricultural land on offer, and that the price depended on land class, parcel size and all the benefits such as: irrigation, road availability, whether the land is under lease and so on.
– Large pieces of land are sought, so consolidated parcels are sometimes more expensive per hectare than small ones – Rabatic says. According to him, the purchasers are classic investors who have recognized a good opportunity for an investment, who receive income through a lease, or large agricultural producers who need land in order to continue their activity. That number of purchasers, as he clarified, is not big, but they are ready to buy and they know what they are seeking.
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