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Methodology for estimating the market value of state-owned agricultural land under greenhouses and facilities that are used for agricultural production.

Country/Territory
North Macedonia
Document type
Regulation
Date
2018
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Land & soil
Keyword
Agricultural land Public land Land valuation
Geographical area
Europe, Europe and Central Asia, Landlocked Developing Nations, Southern Europe
Entry into force notes
This text entered into force on the day after its publication in the Official Gazette (published on 26 January 2018).
Abstract

This Methodology shall be used for the purpose of assessing the market value of state-owned agricultural land under greenhouses and facilities that are used for agricultural production. The market value of state-owned agricultural land will be determined according to the average price of the purchases and sales of agricultural land in private and state ownership in the municipality in which the agricultural land parcel is located (in the year preceding the year for which the assessment of the agricultural land is carried out). If no sales were made in the area of the municipality in the previous year, the average compensation for a square meter of expropriated agricultural land on the territory of such municipality shall be taken as the market value in accordance with the expropriation regulations. If there is no such particular data, the market value is determined according to appropriate comparative data for agricultural land that are in circulation in the municipalities that are adjacent to the municipality in whose area the land parcel is located.

Full text
Macedonian
Website
mzsv.gov.mk

References - Legislation

Implements

Law on privatization of state agricultural land.

Legislation | North Macedonia | 2013 (2018)

Keyword: Access-to-information, Agricultural land, Concession, Expropriation, Governance, Land tenure, Land-use planning, Private land, Public land, Royalties/fees

Source: FAO, FAOLEX