European Union entry will boost the prices of Bulgarian land three to four times, the head of the Elana Eurofund has said. Plots of up to 50 decares currently cost BGN 130 - BGN 250 per decare (approximately EUR 65 - 125). The price reaches BGN 350 in areas where agriculture is in a prosperous state.
The cost of plots of more than 50 decares is considerably higher, according to Kamen Kolchev, cited by the state Bulgarian National Radio. Their price can reach BGN 400 per decare, Kolchev has said.