According to The Serbian Economist, based on the latest available official data, the ranking of the average cost of arable land is as follows:
1. Slovenia — 28,348 thousand euros per hectare, data for 2024.
2. Greece — approximately 14,312 thousand euros, 2024.
3. Serbia — 9,583 thousand euros, 2025.
4. Romania — 8.7 thousand euros, 2024.
5. Bulgaria — 8,679 thousand euros, 2024.
6. Croatia — 6,723 thousand euros, 2025.
The data reflects the cost of vacant arable land without buildings or perennial plantings. The periods of statistical observation vary, so the ranking shows the general price level rather than a fully synchronized comparison.
The most expensive land in the region is in Slovenia, where supply is limited and plots are often small and fragmented. In Greece, prices depend heavily on access to water, proximity to the coast, and the possibility of construction. Serbia has already surpassed Romania, Bulgaria, and Croatia in terms of average price, although its figures remain approximately 37% below the EU average.
For foreigners, price is not the only criterion. In Serbia, the direct purchase of agricultural land is almost entirely prohibited. In EU countries, citizens of other EU member states typically have more opportunities, while buyers from third countries may face restrictions, reciprocity rules, or the requirement to purchase through a local company.
Albania, Montenegro, North Macedonia, and Bosnia and Herzegovina are not included in the ranking due to the lack of recent comparable national statistics. Listing prices there may differ significantly from the actual transaction values.
https://t.me/relocationrs/3397
