Arable farmland prices in Hungary climb more than 6% in 2019
Arable farmland prices in Hungary averaged HUF 1.6 million per hectare last year, up 6.4% from 2018, Hungarian news agency MTI reports citing data compiled by the Central Statistical Office (KSH).
Farmland was dearest in Hajdú-Bihar County, in the east of the country, at close to HUF 2.3 mln per hectare. It was cheapest in Nógrád County, in the north, at under HUF 0.9 mln per hectare.
The average annual rental price for a hectare of arable farmland stood at HUF 60,000 per hectare last year, up almost 8% from 2018. Rental prices were highest in Tolna County at HUF 80,400 per hectare and lowest in Nógrád County at HUF 38,100.
Bamosz Investment Fund NAV Reaches HUF 15.618 tln in April
Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s
Biggeorge Adds 2 New Directors to Top Management
7th Edition of BSC Charity Beach Volleyball Tournaments Comi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
