The most expensive lands in Belarus have been determined based on cadastral valuation results. This information is posted on the website of the State Committee for Property, as reported by BELTA.
The most expensive lands in Belarus have been determined based on cadastral valuation results. This information is posted on the website of the State Committee for Property, as reported by BELTA.
The National Cadastral Agency of the State Committee for Property has completed cadastral valuation of lands for the functional land use types "residential homestead zone" and "recreational zone", as well as lands of horticultural associations and dacha cooperatives. After approval, the new results will be used for purposes defined by legislation, including for taxation purposes from January 1, 2018.
According to the cadastral valuation results as of July 1, 2016, the most expensive lands in Belarus are in Minsk. Their average cadastral value for the functional land use type "residential homestead zone" is Br169.36 per sq.m.
Next in the top three cities are Zaslavl (Br31.82 per sq.m), Soligorsk (Br30.3), and Fanipol (Br30.2).
Among the regional centres, the most expensive lands are in Brest (Br24.88 per sq.m), and the cheapest are in Mogilev, where the average cadastral value for the functional land use type "residential homestead zone" was Br16.52 per sq.m.
Among rural settlements, the most expensive lands are in the Minsk region, where the average cadastral value is Br1.31 per sq.m. The leaders here are the Minsk (Br12.33 per sq.m), Smolevichi (Br3.13), and Dzerzhinsk (Br2.78) districts.
The lowest cadastral value of lands in rural settlements is in the Mogilev region. For example, in Klimovichi and Khotimsk districts – Br0.12 per sq.m, in Krasnopolye and Kruglyansk districts – Br0.14 per sq.m. Incidentally, the average cadastral value in the Mogilev region (Br0.28 per sq.m) is five times less than in the Minsk region (Br1.31 per sq.m).
The maximum average cadastral value of lands of horticultural associations and dacha cooperatives is also observed in the Minsk region and amounts to Br2.26 per sq.m. The leader here is the Minsk district, where lands are valued at an average of Br10.85 per sq.m. The high cadastral value is due to the close proximity to Minsk, the availability of engineering communications, and good transport links.