3. Statistical presentation |
Top |
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3.1. Data description |
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Land prices |
Land rents |
Data description |
The data set on land prices shows the average price of one hectare of agricultural land in the reference period (calendar year). The categories of land for which prices are observed are arable land and permanent grassland. The territorial classification of regional data is broken down according to the NUTS classification. The field of observation shall include the arable land and/or permanent grassland sold to (or purchased from) private owners or estate agencies who sell land for agricultural use and shall exclude transactions for non-agricultural purposes (lifestyle buyers, construction sites etc.) and transactions between relatives. The selling/purchase price of land shall: - include the value of related levies/taxes (other than deductible VAT), - exclude the entitlements related to the land, - exclude the value of any monetary compensation received by farmers for the sale/acquisition of the Utilized Agricultural Area, - exclude the value of any building on the sold/purchased agricultural land, - exclude inheritance transfers. |
The data set on land rents shows the average price of renting one hectare of agricultural land in the reference period (calendar year). The categories of land for which renting prices are observed are arable land and permanent grassland. The territorial classification of regional data is broken down according to the NUTS classification. The renting prices are collected from the person renting the agricultural land for agricultural use (renting price paid). No distinction is made taking into consideration of the renting contract/agreement and the time for contracting. Therefore, all rents for land (even if the land is rented more than one year) should be taken into account. The rental price of agricultural land shall: - include the payments in kind valuated at the current year price, - include the value of related levies/taxes, - exclude the entitlements related to the land, - exclude the rentals of buildings or dwellings situated on it and any other expenses related to other assets except the agricultural land (current maintenance expenditure on buildings, buildings insurance, depreciation of buildings, rents paid for the professional use of non-residential buildings etc.) |
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3.2. Classification system |
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Land prices |
Land rents |
Classification system |
The territorial classification of regional data on land prices is broken down according to the NUTS classification: NUTS 0. MAGYARORSZÁG NUTS I. HU1 KÖZÉP-MAGYARORSZÁG HU2 DUNÁNTÚL HU3 ALFÖLD ÉS ÉSZAK NUTS II. HU10 KÖZÉP-MAGYARORSZÁG HU21 KÖZÉP-DUNÁNTÚL HU22 NYUGAT-DUNÁNTÚL HU23 DÉL-DUNÁNTÚL HU31 ÉSZAK-MAGYARORSZÁG HU32 ÉSZAK-ALFÖLD HU33 DÉL-ALFÖLD Data set on land prices is broken down by land-use categories: ARABLE LAND PERMANENT GRASSLAND |
The territorial classification of regional data on land rents is broken down according to the NUTS classification: NUTS 0. MAGYARORSZÁG NUTS I. HU1 KÖZÉP-MAGYARORSZÁG HU2 DUNÁNTÚL HU3 ALFÖLD ÉS ÉSZAK NUTS II. HU10 KÖZÉP-MAGYARORSZÁG HU21 KÖZÉP-DUNÁNTÚL HU22 NYUGAT-DUNÁNTÚL HU23 DÉL-DUNÁNTÚL HU31 ÉSZAK-MAGYARORSZÁG HU32 ÉSZAK-ALFÖLD HU33 DÉL-ALFÖLD Data set on land rents is broken down by land-use categories: ARABLE LAND PERMANENT GRASSLAND |
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3.3. Coverage - sector |
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Land prices |
Land rents |
Coverage - sector |
The administrative source quarterly submitted by the National Tax and Customs Administration of Hungary includes all agricultural land transactions (purchase) in the reference period. |
The agricultural holdings (NACE division 01) are covered. |
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3.4. Statistical concepts and definitions |
Definition of the land price values
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Land prices |
Land rents |
Definition of the land price values |
According to the market price concept, the price of agricultural land (arable land, permanent grassland) is the price paid by the holder in free trade without deduction of taxes or levies (except deductible VAT) and without the inclusion of subsidies. |
The agricultural land rent represents the price of renting one hectare of agricultural land in the reference period (calendar year). The renting prices should be collected from the person, who is renting the agricultural land for agricultural use (paid renting price). Rents correspond to payments made to the owner of land in return for him making assets available to another unit. |
The costs of transferring ownership (therefore lawyer's fees, registration taxes and real estate) are excluded from collected selling/purchase price of agricultural land? |
Yes |
Not applicable. |
The value of deductible VAT is excluded from the price of agricultural land? |
Yes |
Yes |
The entitlements related to the land are excluded from the collected selling/purchase/renting price of agricultural land? |
Yes |
Yes |
The value of any buildings or dwellings situated on it and any other expenses related to other assets except the agricultural land (current maintenance expenditure on buildings, buildings insurance, depreciation of buildings, rents paid for the professional use of non-residential buildings etc.) are excluded from the price of agricultural land? |
Yes |
Yes |
The value of any monetary compensation received by farmers for the sales/acquisition of the Utilized Agricultural Area is excluded from the collected selling/purchase price of agricultural land? |
Yes |
Not applicable. |
The value of any inheritances transfers related to the sold/purchased land is excluded from the collected selling/purchase price of agricultural land? |
Yes |
Not applicable. |
If you have replied NO to any of the above questions explain the reason why. |
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EU Target Methodology
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Land prices |
Land rents |
Does the data collection observe the land categories as specified in the EU Target Methodology? |
No |
Yes |
If not, please describe the differences. |
The irrigable arable land area in Hungary doesn't exceed 15 per cent of the total Utilised Agricultural Area and therefore the breakdown of arable land into irrigable and non/irrigable is not provided. |
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Other UAA categories
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Land prices |
Land rents |
Does the price information provided to Eurostat include information on other UAA categories? |
No |
No |
If yes, specify which categories. |
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3.5. Statistical unit |
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Land prices |
Land rents |
Reporting unit |
The statistical units used for data collection on agricultural land prices are land transactions (purchase) included in the database maintained by National Tax and Customs Administration of Hungary. |
The reporting units used for data collection on land rents are agricultural holdings (NACE division 01) broken down to the two following basic groups -legal units - agricultural enterprises, -private agricultural holdings reaching certain physical thresholds. According to the physical threshold of the FSS 2016 on 1st June 2016 a unit considered as a private holding uses at least - 1500 m2 productive land area (including jointly or severally arable land, kitchen garden, orchard, vineyard, meadow, pasture, forest, fish-pond, reed), or - 500 m2 orchards or vineyards, jointly or severally (at least 400 m2 of fruit trees and 200 m2 of berries or vines), or - 500 m2 nurseries or other permanent crops, - 100 m2 land area under cover, or - 50 m2 mushroom area, or has at least - one head of bigger animals including cattle, pig, horse, sheep, goat, buffalo, emu, ostrich, donkey, or - 50 heads of poultry jointly or severally, such as hens, geese, ducks, turkeys, guinea fowls, or - 25-25 heads of rabbits, furry animals, pigeons for slaughter, or - 5 bee colonies, or provides agricultural services. |
Observation unit |
The price of one hectare of agricultural land purchased for agricultural use is proposed as the observation unit. The field of observation should include the arable land and permanent grassland purchased from private owners or real estate agencies that sell land for agricultural use and should exclude transactions for non-agricultural purposes (lifestyle buyers, construction sites etc.) and transactions of land among relatives. |
The renting price of one hectare of arable land and permanent grassland rented for agricultural use is proposed as the observation unit. The renting prices at NUTS III (county) level represent an average price of arable land and permanent grassland. |
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3.6. Statistical population |
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Land prices |
Land rents |
Does any kind of physical, economical or other threshold apply for data collection on land prices and rents? |
No. |
The specific set of physical thresholds apply to the private agricultural holdings, that are surveyed in the frame of the agricultural rent prices data collection. According to the physical threshold of the FSS 2016 on 1st June 2016 a unit considered as a private holding uses at least - 1500 m2 productive land area (including jointly or severally arable land, kitchen garden, orchard, vineyard, meadow, pasture, forest, fish-pond, reed), or - 500 m2 orchards or vineyards, jointly or severally (at least 400 m2 of fruit trees and 200 m2 of berries or vines), or - 500 m2 nurseries or other permanent crops, - 100 m2 land area under cover, or - 50 m2 mushroom area, or has at least - one head of bigger animals including cattle, pig, horse, sheep, goat, buffalo, emu, ostrich, donkey, or - 50 heads of poultry jointly or severally, such as hens, geese, ducks, turkeys, guinea fowls, or - 25-25 heads of rabbits, furry animals, pigeons for slaughter, or - 5 bee colonies, or provides agricultural services. |
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3.7. Reference area |
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Land prices |
Land rents |
Reference area |
As concerns the geographical coverage the data on land prices are provided on national, NUTS 1 and NUTS 2 level. |
Rents data are calculated at national, NUTS 1 and NUTS 2 level representing an average rent of arable land and permanent grassland. |
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3.8. Coverage - Time |
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Land prices |
Land rents |
Time coverage |
2009-2019 |
2008-2019 |
When was the first survey/data collection on land prices and rents in line with common Target Methodology organised? |
2011 |
2011 |
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3.9. Base period |
Not available. |