Evaluation of the Valuation Process in Transfer of Development Rights in Türkiye

Atasoy B. A., Terzi F.

2026 FIG & UNECE WPLA International Conference, İstanbul, Türkiye, 28 - 30 Ekim 2026, ss.1-13, (Tam Metin Bildiri)

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Basıldığı Şehir: İstanbul
  • Basıldığı Ülke: Türkiye
  • Sayfa Sayıları: ss.1-13
  • Karadeniz Teknik Üniversitesi Adresli: Evet

Özet

Transfer of development rights can provide an alternative to expropriation in Türkiye when privately owned properties are designated for public use and services in zoning plans, subject to specific conditions and owners’ consent. Transfers use values determined for the sending and receiving parcels in accordance with the legislation. These values provide the basis for calculating the allocation and establishing ownership on the receiving parcel. The study examines Turkish valuation provisions alongside the International Valuation Standards and research on transfer programmes. It explains the role of valuation in the Turkish model by considering how rights arise, how their economic value is determined, and how transfers affect ownership in different applications. The review focuses on the scope of the rights being valued, the relationship between neighbouring development rights and parcel characteristics, the comparison of reports, and the connection between valuation calculations and resulting ownership. The development rights used in valuing the sending parcel and the allocation on the receiving parcel serve different purposes. Applying the valuation criteria of the Expropriation Law together with the transfer provisions on rights that could not be granted requires clear reasons for assumptions about parcel geometry and use. Consistency in scope, date, data and units of measurement is necessary for comparing reports based on independent professional judgement. The study recommends a common basis for the scope of rights, valuation date and units in reports on the same property. It also proposes examining the reasons for differences between reports and showing the transfer allocation in an allocation schedule. Buildings and other improvements, together with the usable capacity of the receiving parcel, are linked to this schedule. Maintaining links between the valuation file, parcel, administrative decision and land registry transaction is discussed as a record arrangement that could support review of the grounds for decisions.