Abstract

The article considers features of cadastral valuation of agricultural lands occupied by water bodies. The research is based on natural water bodies of the Samara region water fund. A methodology for determining the cadastral value of agricultural lands occupied by artificial water bodies is proposed. The methodology links the land value with the size of the land plot, profit and such objects as dams and other hydraulic structures located within the land plot. The paper confirmed the suggestion that the owner of the land that shall be used for the construction of a pond has the right to the added value of land in the amount of return rate of contributed capital (26.28%). The cadastral value of 1 square meter of agricultural land is 3.11 rubles.

Highlights

  • The fourth type of permitted use of land plots includes agricultural lands occupied by water bodies and used for entrepreneurial activity [1, 2]

  • Natural water bodies refer to the water fund of the Samara region

  • The procedure for calculating the value of land plots of the fourth type of permitted use is similar to the procedure for calculating the value of land plots of the third type of permitted use, in this case, the land value is not influenced by the distance factor and population in the municipal district [5, 15-17]

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Summary

Introduction

The fourth type of permitted use of land plots includes agricultural lands occupied by water bodies and used for entrepreneurial activity [1, 2]. In the rural real estate market, only ponds and impoundments that can be used for fish and game farming are traded These objects are already stocked when sold and have supporting infrastructure. These objects should be considered with respect to business, which contradicts to the purposes of the assessment because business is associated with additional investments not related to the initial acquisition of land and dam construction [4-8] The cost of these objects ranges from 20 to 50 rubles per square meter of the water surface. Serviced lands adjacent to water bodies or villages and located [30-40] km from the city cost even more, considering that they can be used for the construction of houses or recreation centres The cost of these lands ranges from 50 rubles to [200-250] rubles per square meter. This speculative (subjective) markup should be excluded from the calculations, which is hard to do [9-14]

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