Non-agricultural Real Estate in the Resources of the Olsztyn Branch of the Agricultural Property Agency
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24_KUROWSKA_KRYSZK.pdf (564.31 KB)
Authors
Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
GIS Forum
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Abstract
The Agricultural Property Stock of the State Treasury, which is managed by the Agricultural Property Agency, contains real estate with a potential to be developed for non-agricultural purposes. The actual potential is created by individual characteristics of a property, above all its location. The Agricultural Property Agency has not put up for sale as typical agricultural properties such land parcels that have uniquely attractive location for possible development projects, which could play an important role in the economic activation and creation of new jobs, or in the execution of other investment projects. These land lots are sold in view of their non-agricultural potential, which has an influence on their prices. The aim of this study is to explore the above market, to determine the scale of non-agricultural real estate properties sold by the APA Olsztyn Branch, and to identify the characteristics of immovable properties which determine their investment potential. The analyses were based on sale transactions in 2010-2016, and were supported by the GIS tools.