Prices for land and agricultural real estate in the province of Zeeland are rising. Various brokers report that farmers can sell their companies and plots more easily, but the offer is not large.
Because there is more demand than supply in Zeeland, sellers get off their land more easily and agricultural real estate off. The supply of land in the province is not great, because many farmers (even when they are old) continue to farm. The sellers may be waiting for the prices to rise.
"The price of land in the province of Zeeland is stable to slightly increasing, despite a moderate arable year," reports Jan Pollemans, real estate agent at ZLTO Vastgoed. According to Pollemans, the plots with good soil are sold for €90.000 to €100.000 per hectare. This mainly concerns the middle and north of Zeeland. "Smaller plots, or plots with less good soil, are being sold for amounts of €60.000 per hectare."
Johan van der Slikke, real estate agent at Van der Slikke Rentmeesters is more cautious and calls amounts above €90.000 per hectare outliers. Van der Slikke calls the market stable and refers to prices between €65.000 and €90.000 per hectare. He also observes that arable farms are sold more easily.
Interest from outside Zeeland
Pollemans: "There is also a lot of interest in agricultural real estate from outside the province of Zeeland and from outside the agricultural sector. Homes are sold more and more easily, especially on the coast. This mainly concerns private individuals who want to live in the province of Zeeland. a farmer recently moved from Flevoland to Zeeland, because of the increasing prices in the polder. He was still able to expand in Zeeland."
The average land price in the Southwestern Arable Area from 2012 to 2016 was €61.100, according to figures from Wageningen Economic Research. The amounts for which the land is now being sold are therefore considerably higher. Based on the soil type, the value of the land in the Southwestern Arable Area has now been appraised at €56.800 per hectare.
Salinization of soil
Arable farmers on Schouwen-Duiveland urge an investigation to their farmland, before a culvert in the Brouwersdam. They are mainly afraid of salinization of the soil. The Provincial Executive of the province also recently announced that they Knowledge and Innovation Center 'Land and Property' want to bring to life.
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