Next Article in Journal
Environmental Impact Associated with the Supply Chain and Production of Biodiesel from Jatropha curcas L. through Life Cycle Analysis
Next Article in Special Issue
Chemical Waste Management in the U.S. Semiconductor Industry
Previous Article in Journal
Spatio-Temporal River Contamination Measurements with Electrochemical Probes and Mobile Sensor Networks
Previous Article in Special Issue
Risk Management and Knowledge Management as Critical Success Factors of Sustainability Projects
Open AccessArticle

Land Valuation Sustainable Model of Urban Planning Development: A Case Study in Badajoz, Spain

Environmental Resources Analysis Research Group (ARAM), University of Extremadura, 06006 Badajoz, Spain
VALORIZA—Research Centre for Endogenous Resource Valorization, 7300-110 Portalegre, Portugal
Polytechnic School, University of Extremadura, 10003 Caceres, Spain
Department of Landscape, Environment and Planning, School of Science and Technology, University of Évora, 7-671 Évora, Portugal
ICAAM—Institute for Agrarian and Environmental Sciences, University of Évora, 7-671 Évora, Portugal
Author to whom correspondence should be addressed.
Sustainability 2018, 10(5), 1450;
Received: 26 March 2018 / Revised: 16 April 2018 / Accepted: 20 April 2018 / Published: 7 May 2018
(This article belongs to the Special Issue Sustainable Smart Cities and Smart Villages Research)
The urban planning development process in urban territories has multiple consequences, not only in spatial structure but also in land valuation patterns. The economic value of land encompassed in municipal planning—which is associated with a certain urbanized use—increases as the planning processes evolve over these lands. For economic land valuation to comply with the required parameters of urban and territorial sustainable development, it is pivotal that in the determination of land value there are no expectations of difficult or impossible realizations, in order to eliminate any speculative element from the valuation. The land valuation model presented in the current study complies with this premise, proposing a sustainable land valuation model based on the evolution of urban planning development, achieving maximum value when it is fully urbanized. The main objective of the present work is to analyze how land value increases as municipal planning develops and to suggest a sustainable valuation model for land with urban use. Contextually, through a case study analysis, the development of municipal planning has been divided over time into four urban states: (i) land without detailed planning; (ii) land with detailed planning; (iii) land with re-parceling; and (iv) urbanized land. In this regard, the gradual evolution of land value which has reached different states over time has been determined, as has scenarios where the value has increased up to the value of urbanized land. View Full-Text
Keywords: free cash flow (FCF); land value; land uses; Sustainable Planning; Valuating Models free cash flow (FCF); land value; land uses; Sustainable Planning; Valuating Models
Show Figures

Figure 1

MDPI and ACS Style

Codosero Rodas, J.M.; Naranjo Gómez, J.M.; Castanho, R.A.; Cabezas, J. Land Valuation Sustainable Model of Urban Planning Development: A Case Study in Badajoz, Spain. Sustainability 2018, 10, 1450.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

Search more from Scilit
Back to TopTop