A Hybrid Model for Land Value Capture in Sustainable Urban Land Management: The Case of Türkiye
Nida Celik Simsek (),
Bura Adem Atasoy and
Semih Uzun
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Nida Celik Simsek: Department of Urban and Regional Planning, Yozgat Bozok University, Yozgat 66100, Türkiye
Bura Adem Atasoy: Department of Geomatics Engineering, Karadeniz Technical University, Trabzon 61080, Türkiye
Semih Uzun: Department of Geomatics Engineering, Karadeniz Technical University, Trabzon 61080, Türkiye
Land, 2025, vol. 14, issue 8, 1-25
Abstract:
Like in many countries, the transfer of increased land value created by public actions without landowner contributions back to the public is under debate in Türkiye. Although various Land Value Capture (LVC) mechanisms are employed worldwide to finance infrastructure investments, no comprehensive system has been established in Türkiye for this purpose. In this study, an improved LVC model that integrates land value and development rights is proposed. This model, termed Hybrid Land Readjustment (hLR), is designed to ensure that land value increases triggered by public investments are returned to the public. To this end, existing Turkish value capture instruments with potential are examined. Under the proposed hLR framework, equal basic development rights are granted to cadastral parcels, parcel and building-block value maps are utilized, basic rights are adjusted according to land-value changes, and a portion of additional development rights is transferred to the public. A practical application scenario is provided to illustrate the model’s operation. The system is configured for seamless integration into Türkiye’s existing legal and planning framework, offering a sustainable mechanism for financing infrastructure and implementing zoning plans.
Keywords: hybrid land readjustment (hLR); land value capture (LVC); sustainable land management; development right; cost recovery; infrastructure finance; value increase (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlands:v:14:y:2025:i:8:p:1570-:d:1714323
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