The average price of a hectare of arable land in the EU in 2023 was 11,791 euros, with the highest prices in Malta at 283,039 euros, and the lowest in Croatia at 4,491 euros. In Serbia, particularly in Vojvodina and Belgrade, prices are significantly higher, reaching up to 35,850 euros per hectare. Land prices in Croatia are lower due to the later opening of the market to foreigners. Economic factors and subsidies influence the interest in purchasing land among farmers.
Average EU farmland price in 2023 was €11,791 per hectare.
