Land is going to be expensive

1. News August 14th, 2011
Tabără to farmers: Don’t sell land,
because their prices will increase
Minister of Agriculture Valeriu Tabără, urged on Saturday, farmers in
Alba County not to sell land they own in the coming years because its
price will increase greatly, and some may reach over 25,000 €/ha.
Valeriu Tabără said that in Romania, about 4 million hectares of pastures and hayfields are "overrun
with thorns" and are considered "hard land" for agricultural work, but urged farmers not to sell
them.
"Whole areas of hill and mountain pasture are unused. I say there are about 4 million hectares. And
I say one more thing: you may expect a high pressure on what is so-called heavy land, where
remove the load and load hay wagon with great care, lest you capsize. But high pressure will be on
the land, at first sight, sir, no one buys, no one exploits. I want to say that land - land value will
increase in the future", said Tabără.
Minister of Agriculture added that in coming years won’t be a spectacular increase in real estate
land value near cities, but the agricultural land.
“Not real estate land value near cities will have value. It will remain somewhere safe with
high prices, but not spectacular growth. It may reach in excess of hectares of agricultural land
20,000 – 25000 €/hectare. In large view and not very distant in time, I tell you that the value of
agricultural land, productive or not, used or unused, will greatly increase. And I say. Do not sell the
land (...)", said Valeriu Tabără to Zlatna farmers.
Eng. Paul Keisch Page 1