Abstract (EN):
This communication reports the assumptions, methodology, outcomes and conclusions of a
research I recently carried out for the Portuguese Department of Territory. It meets one of the
most relevant goals of the Land, Territorial Ordinance and Urbanism Act (currently under
revision) that states the importance of the economic and financial sustainability of urban
development operations for municipalities.
As land values rise as a result of territorial planning decisions, a public intervention is
required in order to assure that these surplus-values are allocated on behalf of the population´s
social interest. So the new territorial management instrument herein proposed consists in
charging a 20% fee on land surplus-values that result from the assignment by urban plans of
specific building capacities to certain urban interventions. The proposed methodology is
applied to the Urban Development Plan of the Planning Unit 11 of the municipality of Lagoa,
located in the Algarve, Portugal.
This new territorial management instrument may be easily applied to other municipalities,
within the scope of the application of different kinds of urban plans. It ensures that the
surplus-values they engender are pointed to social purposes. And it further supports municipal
economic and financial sustainability based on a strategic and integrated planning perspective
Language:
English
Type (Professor's evaluation):
Scientific
No. of pages:
9