A zoning of the Metropolitan City of Naples and analysis of land values

This paper presents the results of a zoning study involving the metropolitan city of Naples, for the purpose of identifying the areas within which to perform a comparable search by applying the synthetic-comparative market value procedure of appraisal. Moreover, an analysis was carried out of the va...

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Main Authors: Paolo Cupo, Erasmo Dell'Isola
Format: Article
Language:English
Published: Firenze University Press 2023-12-01
Series:Aestimum
Subjects:
Online Access:https://oaj.fupress.net/index.php/ceset/article/view/13580
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author Paolo Cupo
Erasmo Dell'Isola
author_facet Paolo Cupo
Erasmo Dell'Isola
author_sort Paolo Cupo
collection DOAJ
description This paper presents the results of a zoning study involving the metropolitan city of Naples, for the purpose of identifying the areas within which to perform a comparable search by applying the synthetic-comparative market value procedure of appraisal. Moreover, an analysis was carried out of the values of agricultural land reported by two official sources, i.e. average land values (VFM) and average agricultural values (VAM), and by an unofficial source, i.e. the values of the Observatory of Agricultural Values (VAO). The results show that for some area/crop quality combinations, the values recorded can provide a significant indication of the agricultural value to be estimated. Vice versa, for estimating the agricultural value of land cultivated with the most profitable crops, the official values showed to be unreliable, meaning that the appraisal requires an accurate field survey. As for the differences between the different homogeneous areas, VAO prove to be more reliable, while VAM are the least significant values.
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spelling doaj.art-5d2461bcf80a4169aa86e033d259313b2023-12-09T14:31:04ZengFirenze University PressAestimum1592-61171724-21182023-12-018210.36253/aestim-13580A zoning of the Metropolitan City of Naples and analysis of land valuesPaolo Cupo0Erasmo Dell'Isola1Department of Agricultural Sciences, University of Naples Federico IIAgronomistThis paper presents the results of a zoning study involving the metropolitan city of Naples, for the purpose of identifying the areas within which to perform a comparable search by applying the synthetic-comparative market value procedure of appraisal. Moreover, an analysis was carried out of the values of agricultural land reported by two official sources, i.e. average land values (VFM) and average agricultural values (VAM), and by an unofficial source, i.e. the values of the Observatory of Agricultural Values (VAO). The results show that for some area/crop quality combinations, the values recorded can provide a significant indication of the agricultural value to be estimated. Vice versa, for estimating the agricultural value of land cultivated with the most profitable crops, the official values showed to be unreliable, meaning that the appraisal requires an accurate field survey. As for the differences between the different homogeneous areas, VAO prove to be more reliable, while VAM are the least significant values. https://oaj.fupress.net/index.php/ceset/article/view/13580ZoningComparableAgricultural valueMarket value
spellingShingle Paolo Cupo
Erasmo Dell'Isola
A zoning of the Metropolitan City of Naples and analysis of land values
Aestimum
Zoning
Comparable
Agricultural value
Market value
title A zoning of the Metropolitan City of Naples and analysis of land values
title_full A zoning of the Metropolitan City of Naples and analysis of land values
title_fullStr A zoning of the Metropolitan City of Naples and analysis of land values
title_full_unstemmed A zoning of the Metropolitan City of Naples and analysis of land values
title_short A zoning of the Metropolitan City of Naples and analysis of land values
title_sort zoning of the metropolitan city of naples and analysis of land values
topic Zoning
Comparable
Agricultural value
Market value
url https://oaj.fupress.net/index.php/ceset/article/view/13580
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