Romanian farmland prices surge by up to 40% in the last decade, NAI Romania reports

Farmland prices in Romania have seen a sharp increase over the past decade, with some regions experiencing rises of up to 40%, according to a new report by Appraisal & Valuation SA (BVB: APP), the company behind the NAI Romania & Moldova brand. Driven by strong investor interest, infrastructure improvements, and rising demand for agricultural exports, the average price per hectare has surged, particularly in areas close to major cities.

The most significant growth has been in the Bucharest-Ilfov region, where the average price per hectare has reached EUR 12,000, marking a 40% jump since 2015. Proximity to Romania’s capital and high investor demand have made Bucharest-Ilfov the priciest agricultural region in the country. This is also due to the fact that many investors decide to use the land for real estate projects, particularly in the booming logistics and industrial segment.