This study assessed the effect of soil amendment with biochar on the production of some Mediterranean crops. Pine-derived biochar (B1) and partially pyrolyzed pine-derived biochar (B2) were used with a dose of 8 L/m2 in a corn crop, reporting a production increase of 38–270% over three years with B1, and no effect of B2 due to its poor quality. Olive stone-derived biochar (B3) was used in lavandin and vineyard crops with doses of 0.04–0.9 L/m2 and 0.37–2.55 L/m2, respectively. An increase of 23–25% in plant volume of lavandin was reported, while the production of grapes per plant was not significantly altered, although it increased by up to 66%. Soil analysis indicated that biochar does not significantly alter soil physicochemical parameters; therefore, biochar may affect plants by altering soil structure and increasing its cation exchange capacity and water management efficiency. Depending on its price, biochar application may be profitable for lavandin and corn crops, with a return-on-investment period ranging from 1 to 4 years. However, the profitability of its use in vineyards is questionable, particularly for the varieties with the lowest market price. Studies examining the economics of biochar application indicate that CO2 abatement certification may help in covering biochar application costs.