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This paper deals with agricultural land in Bulgaria and some problems which could impede the implementation of the Common Agricultural Policy and the assimilation of financial resources from the EU Structural Funds. Some of the major problems are as follows: unfinished process of identification of land ownership and division of ownership on the restituted land between heirs, lack of land property documents for other owners, lack of experience in subsidizing agriculture, lack of an adequate administrative capacity for implementation of the CAP and the post-implementation control, delay in creation of the Integrated System for Administrative Control, etc. Small sized, fragmented and primitive agriculture makes it very hard for Bulgarian commodities to meet the high standards of the EU market.