The price of agricultural land in West Germany rose by an average of 2018% in 6,9 to an average of €37.846 per hectare. In the states of the former GDR, the price rose only by 0,6% to €15.720.
For the second year in a row, more than €100.000 per hectare is paid in the federal state of Bavaria. Not only in the mountainous Upper Bavaria, but also in the lower NiederBayern. In the vicinity of Münster (North Rhine-Westphalia), the price rose by more than 10% to an average of €85.766 in 2018. In Saarland, which borders France, agricultural land is for sale for next to nothing. The average price there was €9.706 in 2018.
2,5 times as expensive
When we add up all the federal states, the average price of agricultural land in 2018 comes to €25.485. German farmland has become about 10 times more expensive in 2,5 years. In 2009, an average of €10.570 was paid throughout Germany. In the former GDR, the price rose faster in recent decades than in the western federal states.
In recent years, the value of agricultural land has also increased at an accelerated rate. In 2018, the gain in value has leveled off somewhat for the first time, mainly due to the stabilized price in East Germany. The acreage that changed hands also leveled out slightly. More than 2018 hectares were sold in 85.000, while more than 100.000 hectares per year was normal for a long time.
© DCA Market Intelligence. This market information is subject to copyright. It is not permitted to reproduce, distribute, disseminate or make the content available to third parties for compensation, in any form, without the express written permission of DCA Market Intelligence.
This is in response to it Boerenbusiness article:
[url=http://www.boerenbusiness.nl/grond/ artikel/10883669/duitse-landbouwgrond-kost-10000-euro-tot-een-ton]German agricultural land costs 10.000 euros to one ton[/url]