Photo: PixabayAccording to the data of the Republic Geodetic Authority (RGZ), the prices of construction, arable and industrial land in Serbia are growing. Thus, in 2020, one hectare at certain locations cost several thousand euros.
RGZ data also show that the most expensive land is mostly in Vojvodina, and the cheapest in the south of Serbia, while the demand is growing throughout the country. The location and quality of the land are the most important for determining the price of land, but the approach to a certain location and the slope of the terrain are also observed. Also, the price is affected by increased demand due to the construction of new roads and a larger number of plantations, writes biznis.rs.
Agro-economic analyst Milan Prostran also confirmed that the prices of agricultural land are rising throughout Europe. According to him, as the price of land per hectare grows, so does the amount of rent.
"Land prices are constantly rising and range from around 3,000 to 41,000 euros per hectare. In line with the growth of the price of agricultural land, of course, the amount of rent also grows. In Vojvodina, there is a special interest in land lease. Anyone as an owner can lease land to someone, it used to be called "rent", and the state does it on the principle of auction. There are rules such as the right to preemptive lease, who has irrigation systems and the like, according to the Law on Lease of State Agricultural Land ", explains Prostran.
As he says, in Vojvodina, the money from the lease of state land is divided into three parts - at the level of local self-government and the province, while the republic received 50 percent. In the central part of Serbia, the amount is shared by the local self-government and the Government of Serbia (Ministry of Agriculture).
"As a member of the National Team for the Revival of Serbian Villages, I believe that it should be given to small and medium-sized agricultural farms, in order to increase their economic power, to keep them engaged in agriculture, and with small farms it is very difficult. "Europe, for example, especially encourages small and young farmers," Prostran said.
He reminded that in 2008, the highest price of the best quality land in Vojvodina was 5,000 euros per hectare, and that now the same land has reached a price of about 50,000 to 120,000 euros per hectare, for which, as he said, it was sold near Bačka Topola.
He also emphasized that there is less and less agricultural land and that it is being lost for several reasons - from the construction of infrastructure facilities through pollution, various degradations and the like.
"There is less and less arable land on our planet, of good quality for agricultural production. That is why it will be more and more in demand, because the number of people is multiplying, the need for food is growing, and it will be a critical point in the future of humanity, " he said.
According to him, land plunder in Serbia is the most critical point in leasing land.
"This means that the regulation is not regulated in detail, so we are talking about the principle - I give you land of this quality and I want you to return the same or better quality of land after the deadline." However, usually most of that land is derogated or robbed. Also, foreigners are free to lease the land, and to buy it, "Prostran pointed out.
When it comes to assessing the quality of land, this is done by the Institute of Agricultural Land, Faculty of Agriculture (Institute for Land Reclamation). The Jaroslav Černi Institute used to do that, and now the Institute of Field and Vegetable Crops from Novi Sad (land sector) is also dealing with it.
As the Republic Geodetic Authority recently stated for Blic, arable land is most valuable in the Južnobački district, where prices range from 8,500 to 27,900 euros per hectare. They are the cheapest in southern and eastern Serbia, where a hectare costs from 3,450 to 14,800 euros, and in the north of Banat and Backa, where prices range from 3,000 to 19,950 euros.
In the Belgrade region, a hectare of land is worth 10,000 to 22,650 euros, and in the Srem district from 8,500 euros to 21,400. It is noted that it is interesting that the trade was done in cash in 99% of cases.
Source: biznis.rs
