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Bucharest
March 8, 2021
BUSINESS

Investors – more interested in farmland and forests

Most national investment beginning with the latter half of 2008 have been made in farmland and forests, according to a Regatta estate company study, Realitatea.net informs.

The price of farmland has constantly grown over the last four years, from EUR 200/ha in 2004 to EUR 2,700/ha at the end of 2008.

The price of forested land has also gone up, but a hectare of forest costs 25 per cent more than a hectare of farmland. The findings of the survey show that those estate segments are the least affected by the difficult economic situation on the market. In the last six months, the two sectors have only fallen by 10 per cent, but interest in acquiring such property has been constant. On the other hand, homes and house building plots have registered price drops by as much as 40 per cent, with a havened number of interested buyers.

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