Ireland: a hectare of farmland costs as much as 93 years of renting it
In 2024, a hectare sold for €50,375 on average and rented for €540 a year. A year earlier: 63 years; the price rose 43% in one year. Not a payback period.
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Buying land and using it are different markets. Here the average price of a hectare is divided by the average yearly rent; this does not model the return on buying.
The line shows how many years of rent the average price of a hectare of farmland equals each year. Not years until payback.
- Price of arable land euro per hectare
50,375 (2024)
- Annual rent of arable land euro per hectare per year
540 (2024)
The latest shared published year no later than 2025. No interpolation. Countries are selected editorially; this is not a ranking or a statistical test.
Purchases and rents average different deals and plots; national methods differ. Taxes, costs, subsidies and future prices are not included. Nominal euros. Malta is not shown: its rents barely move while prices climb fast, so the ratio loses meaning.
A question for this picture
Why is owning land priced so differently from using it for a year?