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Monday, February 24, 2025

Land prices in the EU. Here is the cheapest land

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Poland was ninted in terms of the price of arable land in 2023 – according to Eurostat data. At the same time, their growth was almost twice as large as the average in the entire European Union. Croatia turned out to be the leader of the list of countries with the lowest rates per hectare.

The average price of one hectare of arable land in the European Union in 2023 was 11.8 thousand. euro. In Poland, an average of 13.9 thousand euro – Eurostat said on Tuesday.

Over the year, prices have increased by 4.8 percent, respectively. in the EU and 9.7 percent in Poland. The least per hectare was paid in Croatia – 4.5 thousand euro.

The most expensive and cheapest arable land in the EU

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In EU countries, the price of one hectare of arable land was very diverse. The highest prices occurred on Malta (up to EUR 283.0 thousand due to limited availability of agricultural land), in The Netherlands (91.2 thousand euros) and Luxembourg (42.5 thousand euros).

While the lowest were in Croatia (4.5 thousand euros), on Latvia (4.6 thousand euros) and Slovakia (5.2 thousand euros).

IN Poland You had to pay 13.9 thousand for one hectare. euro, which placed us in 9th place among EU Member States.

The Eurostat statement does not contain data for German, Italian, Portugal, Cyprus and Belgium.

Prices of arable land in the EUPAP

Differences in regions

Differences in the price of land were also visible among individual regions (according to the NUTS 2 division). The highest average prices for one hectare were recorded in ViennaAustrian Capital Region and Flevoland in the Netherlandsand the lowest in Swedish regions Övre Norrland and Mellersta Norrland.

Large regional diversity of land prices also occurs in Poland. In our country, the highest average price per hectare was recorded in the Greater Poland Voivodeship (18.8 thousand euros), and the lowest in West Pomeranian (EUR 7.6 thousand).

Land lease

The European Statistical Office also made available data on the price of an annual lease of arable land or permanent green land. The EU average was 173 euros per hectare.

As in the case of arable land, the lease prices were significantly different between EU countries. Most had to be paid in the Netherlands (914 euros) and Denmark (594 euros), and the least in Slovakia (67 euros) and in Croatia (74 euros). No data has been made available for Poland.

Source of the main photo: Description of Zagreb/Shutterstock



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