Trademagazin > News and articles > Market News > OTP Mortgage Bank: farmland became 5 percent more expensive last year
OTP Mortgage Bank: farmland became 5 percent more expensive last year
Last year, the average price of arable land in Hungary increased by 5 percent: the average price per hectare increased from 1,593 million HUF in the previous year to 1,673 million HUF, according to incomplete NAV data, OTP Mortgage Bank told MTI on Tuesday.
According to the information, prices rose the most, by 18 percent in Fejér county, while in Nógrád, Pest and Heves counties the price increase was more than 10 percent. The price of arable land decreased in three counties – Békés, Somogy and Zala – and the largest decrease, by 8 percent in Zala county. (MTI)
Related news
The number of cattle slaughters increased at the beginning of the year
In the first quarter of 2025, 23.3 thousand cattle were…
Read more >Domestic fish production in ponds increased in 2024
A total of 22,838 tons of fish were produced in…
Read more >Farmers spent the most on soil conditioners and stubble decomposers in 2024
Of the observed crop enhancer categories, producers purchased the largest…
Read more >
More related news >
Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >