Land in Hungary and Romania
by VEG-HEAD on MARCH 21, 2012 - 3 Comments in LAND

Go East for good quality land

Europeans looking for their off-grid bug-out location could consider Hungary and Romania – farmland prices there are still very low.

In neigbouring Austria a growing army of farmers are buying land in the two relatively poor former members of the Eastern bloc.  At the moment they have the market pretty well to themselves.

Harald Strassner from Pöttsching, a consultant for Austrian investors looking for Romanian land said those that have so far taken the move have had only positive results.

Strassner is himself an organic farmer who for several years has had land in Hungary and now together with other farmers in Burgenland has expanded to buy land in Romania.

He currently manages 630 hectares of land in south-west Romania.  He said it was an exciting challenge and Romania was absolutely safe for people hoping to invest there. He said: “The bureaucracy is difficult and they certainly aren’t organised, but everything is quite possible.”

He is working together with a Romanian partner Vlad Nicula who said: “We are learning a lot from each other.”

Since it was privatised in the 1990s Romanian agriculture has been organised on a very small scale, with around 10 million hectares of agricultural land mainly in smallholdings and with only about half currently being used.

Even the relatively good quality farming land works out extremely cheap.  And that is attractive for investors, said Strassner.

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3 comments

1 Attila { 03.22.12 at 3:11 am }

Dear Austrian investors,

Please keep your money in Austria and stop planning and buying land in Romania, Hungary. Let Romanian and Hungarian people develop and conserve their land, for their food security. What you do is called land grabbing, and it is a disaster for the local populations. What is the difference between you and large landgrabbers in Africa? Nothing. Speculation should have nothing to do when it comes to food and land!

2 Spongebob { 03.23.12 at 4:48 am }

Well said Attila !
But Land grabbers exist as long as the monetary system and before that.

3 Miklos Baci { 03.24.12 at 12:08 pm }

We have a house on the edge of the city by the gardens/farms. [Actually have a strip of garden/farm land that is more than enough for a family who would want to go organic.]

Houses here are made up of brick, our house is over a foot thick brick wall.

Looking at selling and moving back stateside.

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