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Impact of Land Use Change on the Value of Tourist Property

Author

Listed:
  • Teodor Skotarczak
  • Malgorzata Blaszke

Abstract

Purpose: The aim of the study was to assess the impact of land use change for tourism-related purposes on their value. The research was carried out in the West Pomeranian Voivodeship. The period of the research covered the years 2014-2019. The research covered all Polish communes, in which the land use was changed for tourist or recreational activities. The analysis covered the years 2014-2019. Design/Methodology/Approach: The resolutions of individual councils' communes regarding the change of the local spatial development plan in the scope of changing the use of the real estate for tourism were analyzed (in communes, where the local spatial development plan was in force). The analysis also included decisions authorizing the exclusion of land from agricultural or forestry production issued by executive bodies of communes. The research concerned the years 2014-2019 and covered all Polish voivodeships. To analyze changes in the land value due to the adoption or change in local spatial development plans, as well as to issue a decision authorizing the exclusion of land from agricultural and forestry production, data from estimation reports prepared for calculating the planning fee in the years 2014-2019 were used. For better result presentation, data on individual communes were presented at the level of voivodeships. Findings: Based on the conducted research, it can be concluded that change in the purpose of the property for purposes related to conducting agricultural activity results in increasing its value. Practical Implications: The article contains much valuable information, which may constitute the base material and reference further research conducted by scientific specialists studying the agricultural land market. The article can assist those wishing to invest in agricultural real estate and pursue tourism investments. Originality/Value: An analysis of changes in real estate value due to a change in its purpose to the tourist one may be an essential element in forecasting the financial consequences of adopting or changing the local land use plans.

Suggested Citation

  • Teodor Skotarczak & Malgorzata Blaszke, 2021. "Impact of Land Use Change on the Value of Tourist Property," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 497-508.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:special3:p:497-508
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    References listed on IDEAS

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    1. Maksym Polyakov & Daowei Zhang, 2008. "Property Tax Policy and Land-Use Change," Land Economics, University of Wisconsin Press, vol. 84(3), pages 396-408.
    2. Léger-Bosch, Christine & Houdart, Marie & Loudiyi, Salma & Le Bel, Pierre-Mathieu, 2020. "Changes in property-use relationships on French farmland: A social innovation perspective," Land Use Policy, Elsevier, vol. 94(C).
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    4. Tzu-Ling Chen & Hsueh-Sheng Chang, 2018. "The Effects of Zoning Regulations along Fault Zone Areas on Land Development and Property Values after the 921 Chi-Chi Earthquake in Taiwan," Sustainability, MDPI, vol. 10(4), pages 1-15, April.
    5. Christine Léger Léger-Bosch & Marie M. Houdart & Salma Loudiyi & Pierre-Mathieu Le Bel, 2020. "Changes in property-use relationships on French farmland: A social innovation perspective [Changements dans les relations propriété-usage en France. Une lecture par l’innovation sociale]," Post-Print hal-02992182, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tourist real estate; real estate value; change of purpose.;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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