Thanks for that. I already know how much it is in Romania since I bought some last year and am on the look out for more near my summer home, so I'm up-to-date on the price here.
I'm actually looking at a plot on the other side (Hungarian side) of the border at the moment where the vendor is making some fairly wild claims (re: rental, subsidies and future value) and it got me to thinking to research what exactly IS the average EU price for a hectare of agricultural land.
Don't know about the EU average - but in Poland, within 20 kms of major cities, pure agricultural can be bought for €2,600 per hectare at lowest end to €10,500 average, moving to €25,000 at high end. Subsidies amount to about a 2% gross yield. If the land gets connected to roads and utilties, you can increase value by x10 and if you can convert to building land, then value increase X5 - x10. Hope this helps
Don't know about the EU average - but in Poland, within 20 kms of major cities, pure agricultural can be bought for €2,600 per hectare at lowest end to €10,500 average, moving to €25,000 at high end. Subsidies amount to about a 2% gross yield. If the land gets connected to roads and utilties, you can increase value by x10 and if you can convert to building land, then value increase X5 - x10. Hope this helps
You can buy vineyards for about €6-8,500 per m2 in Bosnia (good wine too) and the cheapest I've seen in Croatia has been €7-9,000 for again wine or fruit land. Slovenia is a little over 12 in the north (Hung-Cro triangle)