never farmland It was a heavy speculative investment. And so it goes. In the context of a major drought that threatened to take root in Spain, only irrigated agricultural land It was slightly revalued last year. Tinsa report ‘Agricultural land in Spain 2023’. There are no exceptions to ownerless land in Spain, but generally these, if not exploited, are sentimental assets rather than profitable assets. Apart from marketing for the installation of wind turbines (guaranteed income of at least 6,000 euros per year for several years), the wasteland lives up to its name, providing little benefit to its owners. large estates for hunting or rural tourism. A large area is required for the dryland to be considered exploitable as agricultural land. On the contrary, irrigation is already more valuable in this period when there is water scarcity, healthy nutrition increases and local agricultural products are revalued.
It takes time to update prices of rural land and Experts predict that concentration processes occurring in the agricultural sector may support the sales of family farm owners. In an environment where prices of agricultural products are increasing.
HE tinsa report draws attention to the price increases in arable land prices in the last year; greater increase in vegetables, herbs and fruit treesespecially in irrigation mode. On the contrary, the value of dried olive groves, meadows and pastures has been affected. According to Tinsa evaluations, vegetable growing greenhouses, which are the most expensive agricultural land in terms of quantity, reached 163 thousand 400 euros per hectare in 2023. At the other extreme, the lowest unit value corresponded to the hectare of meadows and pastures: 10,200 euros per hectare.
In this way, revaluation of rural land It focuses on farms with access to water and crops with conversion possibilities. Thus, the products that provided the highest returns in the last five years were dried fruit plants (+3.4%) and irrigated plants (+2.8%).
Some of the notable trends of 2023 The increase in grain prices as a result of the war in Ukraine postponed the transformation processes facing this productor the expansion of almond cultivation is hindered due to the uncertainty around the development of its price.
The report highlights that demand for stone and seed fruit trees is recovering after several years of declining sales due to a shift in consumer preferences towards other tropical varieties and the strengthening of planting lemons rather than oranges as they are less affected by imports from foreign countries. EU countries.