Arable land in Hungary became 7.3 percent more expensive than last year

By: Trademagazin editor Date: 2021. 03. 16. 11:20

The pandemic did not break the rise in the price of arable land in Hungary for about thirty years: last year the average market price per hectare was 1,727 million HUF, 7.3 percent higher than a year before – the managing director of the Győr-based Agrotax Kft. told.

Sáhó Ákos said at an online press conference that the lease fees also increased last year. The average annual fee per hectare at the arable land became 75,003 HUF, 4 percent higher than a year ago. (MTI)